Festive Demand and GST Cuts Drive Record Growth
India’s automotive industry achieved historic sales in October 2025, boosted by festive season demand and recent GST reductions on passenger vehicles.
Automakers across the country witnessed a sharp rise in both retail and wholesale figures, reflecting strong consumer confidence and improving affordability.
Maruti Suzuki Reports Its Best-Ever Monthly Sales
Maruti Suzuki, India’s largest car manufacturer, posted its highest-ever wholesale dispatches of 1.8 lakh units and retail sales of 2.4 lakh cars, marking a robust 20% year-on-year growth. Small car sales saw an impressive 30% annual jump, driven by strong demand in the compact and entry-level segments.
The company’s festive offers and efficient hybrid lineup helped sustain strong sales momentum throughout the month.
Tata Motors Shines in SUV and EV Segments
Tata Motors maintained its solid growth trajectory, selling nearly 75,000 units in October.
Its SUV sales jumped 77% year-on-year, supported by popular models such as the Nexon, Harrier, and Safari.
The company also reported a remarkable 73% growth in electric vehicle (EV) sales, reaching 9,286 units for the month.
This surge reinforces Tata’s dominance in India’s fast-expanding EV market, particularly in the affordable SUV space.
Hero MotoCorp and Honda Lead Two-Wheeler Segment
In the two-wheeler segment, Hero MotoCorp remained the market leader with 9.94 lakh units sold, followed by Honda Motorcycle & Scooter India at 8.2 lakh units.
Both companies benefited from strong rural demand and pre-festive season purchases.
Royal Enfield also recorded its best-ever festive season, selling 2.49 lakh motorcycles during September–October, marking a 26% increase year-on-year.
The Classic 350 and Himalayan models continued to perform strongly among premium buyers.
Bajaj Auto Leads in Electric Two-Wheelers as Ola Falls Behind
The electric two-wheeler market saw major shifts in October. Bajaj Auto emerged as the top EV two-wheeler maker with 31,168 units sold.
In contrast, Ola Electric slipped to the fourth spot with only 16,000 units, as its market share plunged from 50% in May 2024 to 11% amid growing service and reliability issues.
Analysts believe customer dissatisfaction with after-sales support and delayed service centers contributed to the company’s ongoing decline.
Industry Outlook
With demand showing strong signs of recovery, the Indian automotive industry is set for a record financial year.
Analysts predict further momentum through the next quarter, especially with EV adoption gaining traction and the government’s focus on green mobility.
If this trend continues, India could see its highest-ever vehicle sales for the full year, reinforcing its position as one of the world’s fastest-growing automotive markets.
