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India auto demand set to stay strong for 2 to 3 quarters despite export and margin risks

Economy
Published on 6 May 2026
India auto demand set to stay strong for 2 to 3 quarters despite export and margin risks

Demand looks steady but exports and margins face pressure

India’s auto sector is expected to sustain strong demand for the next 2–3 quarters, with growth likely to remain elevated through CY26. Improving affordability and a firmer rural sentiment are supporting volume gains across passenger vehicles, commercial vehicles, and two-wheelers. At the same time, rising global risks could weigh on exports and margins, even as EV adoption accelerates.

  • Auto demand is forecast to remain steady for 2–3 quarters
  • Growth support comes from improving affordability and rural sentiment
  • Passenger vehicles, commercial vehicles, and two-wheelers show robust volumes
  • Global risks may pressure exports and margins despite EV momentum
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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