India’s passenger vehicle industry volumes to expand by 4.6 pc in FY27

IANS | May 22, 2026 11:40 AM

New Delhi, May 22 (IANS) The Indian passenger vehicle segment has witnessed strong volume growth driven by GST rate cuts, the extended summer wedding season, and healthy demand for newly launched models, despite concerns over a weak monsoon outlook and the ongoing West Asia crisis, a report showed on Friday.