The automobile sector in India has registered wide-based growth during the first ten months of FY2025-26, and the outlook for the sector remains optimistic. According to a report attributed to Asian News International, citing the monthly volume report released by Axis Direct, the cumulative domestic two-wheeler sales registered a 9 percent increase on a year-on-year basis to reach 1.5 crore units, while the cumulative domestic passenger vehicle sales registered a 7 percent increase on a year-on-year basis to touch 35.2 lakh units. The automobile sector registered growth in all major segments, including two-wheelers, three-wheelers, passenger cars, commercial vehicles, and tractors, which indicates a healthy recovery in the sector.
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