India’s vehicle market stays on growth path after 2025 high
India’s light vehicle market is forecast to grow to around 5.5 million units in 2026.
16 February 2026
16 February 2026
India’s light vehicle market is forecast to grow to around 5.5 million units in 2026.
Domestic sales dropped by 16%, while exports continued to grow strongly.
Transparent pricing required across entire industry chain.
The carmaker is reportedly planning on restoring diesel engine variant options for a number of model ranges.
It is claimed the Horse H12 Concept hybrid engine, using Repsol’s 100% renewable fuel, boosts efficiency and reduces vehicle fuel consumption by 40%.
The three companies advanced from nine bidders, which also included Chinese manufacturers Chery and Great Wall Motor.
For the full year, the net loss narrowed to $3.64bn from $4.74bn and full-year consolidated revenue rose 8% to $5.38bn.
The investment is expected to raise the Halol site’s current annual capacity from 110,000 units to 300,000 units.
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