India's Auto Industry Hits Record Highs Amid Festive Demand Boost
14 Nov 2025 | Category: Technology
India's automobile industry has accelerated to new heights, recording substantial gains in October 2025, driven by strong festive demand and the government’s recent GST rate reduction. The Society of Indian Automobile Manufacturers (SIAM) reported a remarkable increase in domestic sales of Passenger Vehicles (PV), which rose by 17.2% as 4,60,739 units were dispatched to dealerships, setting a new record for October sales.
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