Tag: indicating a sequential slowdown after strong earlier growth. Retail sales surge over 18% m-o-m in 2MCY’26 Meanwhile

India: Auto sector records robust 2MCY’26 growth; PV sales rise over 11% y-o-y

Mar 18, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Two and three-wheeler sales see sharp surge West Asia tensions disrupt auto exports India’s automobile sector recorded robust year-on-year growth in 2MCY’26, as per SIAM OEM data, driven by strong performance across segments. Passenger vehicle sales rose 11.61% to 867,321 units from 777,075 units, while two-wheelers and three-wheelers surged 30.44% to 3,797,009 units from 2,910,823…