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Two-Wheelers, Passenger Vehicles to Drive 8-10% Auto Volume Growth in FY27: Report

ICICI Direct said two-wheelers and passenger vehicles will drive the gain as demand, policy support and replacement buying strengthen across the market.

Summary by Times of India
India's automotive sector anticipates robust growth in FY27, driven by two-wheelers and passenger vehicles. August 2026 saw double-digit volume increases across most vehicle categories and manufacturers. Bajaj Auto and TVS Motor reported significant year-on-year volume gains in the two-wheeler segment. Tata Motors and Maruti Suzuki posted strong sales figures for passenger vehicles during the period. Commercial vehicle dispatches also showed a n…

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Tribune India broke the news in Chandigarh, India on Wednesday, September 2, 2026.
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