India's Auto Sales Rise in February Amid Growth and West Asia Conflict Concerns

India's automobile sector recorded its highest-ever February sales in 2026, with passenger vehicles rising 10.6% to 417,705 units, two-wheelers up 35.2% to 1.87 million units, and three-wheelers increasing 29% to 74,573 units, according to SIAM. Growth was driven mainly by utility vehicles, while passenger car sales declined slightly. Industry optimism continues amid positive market sentiment and GST rate cuts, but concerns remain over potential supply chain and export disruptions due to the ongoing West Asia conflict.