India Auto Sector Poised for Growth in 2026 Driven by Demand and Policy, Says Axis Securities
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India Auto Sector Poised for Growth in 2026 Driven by Demand and Policy, Says Axis Securities

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.

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