Indian auto industry well placed to expand global presence: PM Modi

September 3, 2026 12:56 PM

Indian auto industry well placed to expand global presence: PM Modi

India’s automobile industry is well placed to further expand its global presence as manufacturing capabilities strengthen and free trade agreements open greater access to international markets, Prime Minister Narendra Modi said in a message to the 66th SIAM Annual Convention. PM Modi said the automobile sector was undergoing a fundamental transformation driven by energy efficiency, energy diversification, technology and advanced manufacturing, and urged the industry to continue innovating as ...

India auto industry sees best June ever, retails over 25.5 lakh units at 21.83 pc growth

July 6, 2026 11:45 AM

India auto industry sees best June ever, retails over 25.5 lakh units at 21.83 pc growth

The Indian auto industry saw best June ever recorded, retailing 25,57,234 units last month which is a robust 21.83 per cent year-on-year growth and a 1.03 per cent rise over May, the Federation of Automobile Dealers Associations (FADA) data showed on Monday. Passenger vehicle (PV) sales to customers reached 4,10,853 units in June, rising 28.6% compared with the same month last year and 2% from May. This made it the strongest June ever for passenger vehicle sales. Growth was driven more by rural...