Tag: vehicle affordability after gst cuts

India: Automobile sector shows steady growth in 9MCY’25 despite dip in passenger vehicle sales

Oct 25, 2025

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by

Aditi Sen

in Aluminium, Non Ferrous

Retail sales improve during festive season, aided by discounts GST 2.0 tax cuts considerably enhance vehicle affordability India’s automobile sector recorded a stable performance in 9MCY’25 compared to 9MCY’24, according to SIAM OEM data. Passenger vehicle sales edged down 0.31% y-o-y to 3.21 million units, while two-wheeler sales rose 0.89% to 14.8 million units. Three-wheeler…