Auto sector sees festive boost, signs of recovery: SIAM
India's auto industry showed early signs of recovery in Q2 FY2025-26, SIAM reported. Passenger vehicle sales dipped 1.5%, but September saw a 4.4% rise, aided by festive demand and GST cuts. Two-wheelers and commercial vehicles grew 7.4% and 8.3%, respectively, while exports hit record highs. Navratri retail sales rose 15-35%, signaling strong festive momentum.