[India's Passenger Vehicle Retail Sales Surge by 28.63 Percent in June 2026]

Published: Jul 7, 2026 13:40
India's automobile retail market recorded strong growth in June 2026, with overall auto sales rising by 22% and passenger vehicle (PV) retail sales specifically totaling 410,843 units, marking a significant increase of 28.63%. This robust rise in automobile retail sales reflects resilient consumer demand and a highly active automotive sector in the Indian market. The continued surge in domestic vehicle manufacturing and sales will directly translate to higher downstream consumption for flat steel products (such as cold-rolled and galvanized coils), subsequently supporting regional steel capacity utilization and tightening local steel inventory levels.

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India's automobile retail market recorded strong growth in June 2026, - Shanghai Metals Market (SMM)