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Auto sector posts strong April growth Maruti leads but FY27 risks could bite

Economy
Published on 5 May 2026
Auto sector posts strong April growth Maruti leads but FY27 risks could bite

April beat expectations thanks to GST tailwinds

India’s auto sector logged strong year-on-year growth in April, overcoming a sequential dip blamed on high March bases and earlier supply disruptions. Maruti Suzuki gained month-on-month, buoyed by GST benefits and broad demand. Tractor and two-wheelers stayed firm, but auto ancillaries face margin pressure as commodity costs rise, with tougher FY27 conditions looming.

  • April auto growth surprised as sequential declines faded
  • Maruti’s month-on-month jump was supported by GST benefits
  • Tractor and two-wheelers remained on a steady track
  • Rising commodity costs threaten margins for auto ancillaries
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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