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The Hindu·3 min read·medium

Q1 sees auto sales rising 21% YoY, momentum to continue in Q2 with festive purchase boost

L
Lalatendu Mishra
Q1 sees auto sales rising 21% YoY, momentum to continue in Q2 with festive purchase boost
AI Summary

India's automotive sector recorded a 21.4% year-on-year growth in sales during the first quarter of 2026-27. Industry leaders attribute this surge to supportive domestic demand, lower financing costs, and the introduction of new vehicle models.

High double-digit growth was recorded across all vehicle segments in Q1 of 2026-27, compared to the year ago period.

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