India auto retail roars into FY27: PVs hit record 4.37 lakh units, two-wheelers up 28.4%
SIAM data shows April 2026 was a blockbuster start to FY27, with passenger vehicles posting an all-time-high 4,37,312 units (+25.4% YoY) and two-wheelers surging 28.4% to 18.72 lakh. Three-wheelers jumped 32.8%, scooters 26.2%, motorcycles 30.6% — a broad-based mobility demand signal for retail.
India's auto industry opened FY27 with record double-digit growth in April 2026: PVs hit an all-time high 4.37 lakh units (+25.4%), two-wheelers grew 28.4%, three-wheelers 32.8%, signaling strong consumer demand for mobility retail.