
India's automobile industry is projected for sustained growth through 2026, with an optimistic outlook across all segments including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and tractors. Key drivers identified include gradual demand recovery, potential GST rate reductions, income tax relief, government consumption measures, and new model launches. The report highlights strong year-on-year sales growth in December for three-wheelers and positive trends in two-wheeler exports and domestic sales.
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