India auto FY27 opens hot: PVs +26%, two-wheelers +28% in April as SUVs lead
SIAM data shows passenger vehicle dispatches rose 26% YoY to 4.4 lakh units in April, with SUVs up 20% to 2.4 lakh and cars up 33% to 1.2 lakh. Two-wheelers climbed 28% to 18.7 lakh (motorcycles +30.6%, scooters +26.2%) and three-wheelers jumped 33% to 65,668, despite West Asia commodity headwinds.
India's auto industry opened FY27 with broad double-digit growth: passenger vehicles up 26% to 4.4 lakh units led by SUVs and cars, two-wheelers up 28%, three-wheelers up 33%, despite West Asia commodity-cost concerns, per SIAM.