Domestic two-wheeler sales grew 6.7 per cent year-on-year to a record 21.60 lakh units in September. Passenger vehicle sales also hit an all-time high of 3.72 lakh units for the month, even with a lower 4.4 per cent increase. Still more impressive was tractor sales that posted a whopping 45.4 per cent growth to over 1.46 lakh units. Seen together — alongside other indicators such as the value of UPI transactions that were annually up 20.6 per cent for the month — they suggest a revival of consumption sentiment. Some of that might, of course, have to do with the festival season’s early onset. The Navratri period this time began on September 22 and Diwali is on October 20, whereas these fell on October 3 and October 31 last year. The true extent of revival — whether or not it is just a one-o

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