Maharashtra leads India auto sales in FY26; UP tops two-wheeler market: SIAM
Maharashtra captured 12.1% of passenger vehicle sales (5.64 lakh units) and led commercial vehicles in FY26, while Uttar Pradesh topped two-wheelers with 31.8 lakh units (14.7% share). GST 2.0 cuts, income tax relief and RBI repo reductions powered H2 retail demand, with two-wheeler growth hitting 21.5%.
SIAM reports Maharashtra led FY26 passenger vehicle and commercial vehicle sales while UP topped two-wheeler and three-wheeler segments. GST 2.0 cuts, income tax relief and RBI repo cuts boosted auto retail demand, especially in H2.
Why this matters
Reinforces FY26 state leadership pattern ahead of FY27 momentum, where April PV dispatches rose 26% and two-wheelers climbed 28%, signaling sustained H2 demand carryover into the new fiscal.
Retail-company theme steady at 721 signals over 90 days, reflecting consistent brand activity flow.