Passenger vehicle dispatches from manufacturers to dealers rose 27 per cent year-on-year in December 2025, driven by strong demand for utility vehicles, industry body Society of Indian Automobile Manufacturers (SIAM) said on Tuesday.
Passenger vehicle wholesales got off to a positive start in fiscal 2025–26, registering nearly 4% growth in April to 348,847 units.
In the Financial Year 2024-25, the automobile exports from India rose by 19 per cent to over 5.3 million units, driven by robust demand for passenger vehicles, two-wheelers, and commercial vehicles in the overseas markets.
Currently, India exports around 14.6% of the PVs produced here and 16.34% of two- wheelers manufactured between January and November.
As per the data released by the Society of Indian Automobile Manufacturers (SIAM), this follows a 2.5 pc decline in July 2024, marking a slowdown after the segment grew by 3% in the first quarter (April-June) of FY24.
Speaking at the 64th annual Automotive Component Manufacturers Association (ACMA) session, the President said the auto sector also contributes significantly to the direct and indirect employment generation in the country.
Union Minister of Road Transport & Highways Nitin Gadkari said several commercial and passenger vehicle manufacturers will offer discounts for buying new vehicles against the scrapping of older vehicles with a valid Certificate of Deposit.
The export of cars from India registered 18.6 per cent year-on-year (Y-o-Y) growth amid strong demand in key markets.
Siam contended that this is the most direct and cleanest method for achieving the desired outcome without the need for subsidy.
The report further said that in the financial year 2023-24, the two-wheeler exports declined by 5.3% Y-o-Y to 3.458 million units.
