Auto sales rise 20% in H1 FY27, SIAM expects growth to continue in second half
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Auto sales in India rose 20% in the first half of FY27, reaching 1,58,00,017 units.
- ✓SIAM President Shenu Agarwal said, "The Indian automotive industry delivered a strong performance in the first half of FY27." Growth was supported by festive demand and new launches, though rates might moderate later this year.
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The automobile sales in India rose 20% year-on-year (y-o-y) in the first half of FY27, with industry body Society of Indian Automobile Manufacturers (SIAM) expecting growth to continue in the second half, supported by festive demand, new launches, infrastructure spending and replacement of older vehicles. The domestic sales across passenger vehicles (PVs), commercial vehicles (CVs), three-wheelers, two-wheelers and quadricycles increased 19.8% y-o-y to 1,58,00,017 units in April-September 2026, compared with 1,31,91,741 units in the corresponding period last year.
However, growth rates could moderate in the October-March period due to a higher base following GST 2.0 last year. SIAM also flagged inflation, possible increases in interest rates and geopolitical developments as factors to watch. Passenger vehicles lead H1 growth PV sales increased 28.3% to 26,37,067 units in H1 FY27 from 20,55,122 units a year earlier.
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