India auto retail roars into FY27: PVs +25.4%, two-wheelers +28.4%, three-wheelers +32.8% in April

SIAM data shows India's auto industry opened FY27 with broad double-digit growth. Passenger vehicles hit a record 4.37 lakh units (+25.4% YoY), two-wheelers climbed to 18.7 lakh (+28.4%), and three-wheelers surged 32.8% — a strong read-through on mobility demand and discretionary retail momentum.

— Filed Thu, 14 May, 2026, 12:02 IST · Source The Hindu BusinessLine · Updated

India's auto industry opened FY27 with double-digit growth across segments in April. PVs hit a record 4.37 lakh units (+25.4%), two-wheelers rose 28.4% to 18.7 lakh, and three-wheelers grew 32.8%, signaling robust mobility-retail demand.