Maruti Suzuki India's Senior Executive Officer of Marketing and Sales, Partho Banerjee

 Fundamentally, we are not expecting very high growth in the automotive industry," he added....1

                                                                 

       domestic passenger vehicle (PV) market, which grew by less than 3% year-on-year (y-o-y) in terms of volumes in FY25, is expected to witness low single-digit growth this fiscal owing to a high base, according to industry executives.

The PV volumes in the domestic market jumped 2.42% y-o-y at 43,54,305 units in FY25 from 42,51,226 units in FY24. For reference, India became the third-largest car market in the world in FY24, crossing annual sales of 40,00,000 units for the first time......!!