Vehicle retail sales across India experienced robust growth in October, as festive demand from Deepavali and the GST Bachat Utsav propelled nearly all segments to double-digit month-on-month gains. Retailers and manufacturers benefited from renewed consumer enthusiasm, with both commercial and passenger vehicles showing marked improvement. The surge in sales was supported by pent-up demand and improved liquidity throughout the mobility ecosystem. Advertisement
Goods carriers led the recovery, posting a 58% month-on-month and 23% year-on-year increase, buoyed by rising demand for last-mile delivery and urban logistics. Three-wheeler goods vehicles and e-rickshaws also recorded strong month-on-month growth of 59% and 16%, respectively. Two-wheelers surged 144% month-on-month and 52% year-o

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