Auto retail sales hit record 24.23 lakh units in Aug; alternative-fuel PVs overtake petrol: FADA

September 7, 2026 12:27 PM

Auto retail sales hit record 24.23 lakh units in Aug; alternative-fuel PVs overtake petrol: FADA

Automobile retail sales in India grew 17.51 per cent to a record 24,23,201 units in August, riding on continued momentum of GST 2.0 despite a seasonal monsoon lull and the delayed onset of the festive calendar, the Federation of Automobile Dealers Associations (FADA) said on Monday. In August last year, total automobile retail sales in India stood at 20,62,038 units, FADA said in a statement. For the first time in India’s history, PV alternative-fuel share (CNG + Hybrid + EV) reached 41.95 p...

Rural demand remains robust in India in April-June, outlook optimistic: Report

August 14, 2025 12:08 PM

Rural demand remains robust in India in April-June, outlook optimistic: Report

Rural demand in India remained robust in April–June period, driven by easing inflation and a favourable monsoon, according to global research firm NielsenIQ. The report noted that rural consumption also outpaced urban demand. According to the report, rural markets and small manufacturers propelled the packaged consumer goods sector in Quarter 2 (Q2) 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. The report further hi...