
Axis Securities forecasts robust growth for India's automobile sector in 2026, anticipating sustained momentum across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and tractors. The optimistic outlook is attributed to gradual demand recovery, potential GST rate reductions, and income tax relief. Positive factors include government consumption measures, a potential rural demand uptick, and new model launches, with specific segments like three-wheelers showing significant year-on-year sales increases.
Select a news story to see related coverage from other media outlets.