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India’s passenger vehicle market registers 23% year-on-year growth

Praveen Gautam by Praveen Gautam
June 5, 2026
in Business, Latest News
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India’s passenger vehicle market registers 23% year-on-year growth
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India’s passenger vehicle market recorded sales of nearly 4.4 lakh units in May, registering a 23 per cent year-on-year growth. Highlighting the strong performance of the automobile sector, Commerce and Industry Minister Piyush Goyal, in a social media post, said, the remarkable growth reflects robust consumer demand despite global uncertainties. He said, the strong demand for Made-in-India vehicles underscores growing consumer confidence and a thriving manufacturing ecosystem. Mr Goyal added that the journey towards Viksit Bharat is being driven by innovation, enterprise and the aspirations of 140 crore Indians.

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Praveen Gautam

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