Auto Sales Report: Domestic sales up 7.3%, exports Surge 19.2%; positive outlook for FY25 – Report

Auto Sales Report: India’s auto industry seems to be cruising ahead confidently. As per the latest report from the Society of Indian Automobile Manufacturers (SIAM), the sector clocked a 7.3 per cent rise in domestic sales in FY25, marking another strong year for the industry.

Growth on the road & beyond

Auto Sales Report: Sales within the country picked up pace on the back of solid consumer demand, better roads and infrastructure and consistent government support. Exports, too, made headlines with a 19.2 per cent rise, reflecting growing interest in India-made vehicles from global markets.

According to SIAM, the industry’s performance is the result of a healthy mix of sound economic policies, market confidence and a strong push towards cleaner, greener mobility solutions.

What’s in store for FY25-26

Looking ahead, SIAM remains optimistic. A normal monsoon in 2025 is expected to boost rural demand—a key driver for two-wheelers and smaller cars. And with a few tailwinds, the sector could maintain its current growth streak.

Here’s what could fuel the momentum:

• Possible tax relief in Budget 2025-26
• The RBI cutting interest rates twice, making auto loans lighter on the pocket
• Rising global demand for Indian vehicles, especially from Africa and neighbouring countries
• That said, SIAM also cautioned that global geopolitical developments and economic uncertainties could pose challenges, especially on the supply and trade front.

EV Market keeps charging ahead

• India’s electric vehicle (EV) market had another good year. In FY24-25:
• 1.97 million EVs were registered, a 16.9 per cent jump from last year
• Electric passenger cars crossed the 1 lakh mark, up 18.2 per cent
• Electric two-wheelers recorded a 21.2 per cent rise, with 11.5 lakh units sold
• Around 7 lakh electric three-wheelers were registered, growing 10.5 per cent

Government schemes like EMPS, PM E-DRIVE, and e-Sewa, along with new EV launches from carmakers, gave the market a solid push.

Overall, the mood in the industry is upbeat. SIAM’s report paints a picture of a sector that’s not just growing but also transforming—with a firm grip on sustainability and a sharper focus on the future.