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Indian auto industry faces subdued FY26 growth amidst weak demand: Report
The Indian auto industry is expected to see subdued growth of 6-7% in FY26, with most segments showing low to mid-single-digit growth, says a Motilal Oswal report. Demand weakness hit passenger vehicles (-1.4%) and two-wheelers (-8%), especially motorcycles (-9%) and small cars with steep declines. However, SUVs and commercial vehicles may see moderate growth, with exports strong.