The festive spirit roared through India’s automobile market this Dhanteras, as automakers clocked record-breaking deliveries, crossing the 100,000 mark within just 24 hours, according to industry sources.
Driven by robust festive demand and the positive impact of GST 2.0 reforms, the auto sector saw one of its strongest single-day performances in years.
According to industry estimates, these deliveries translated into sales worth Rs 8,500–10,000 crore in a single day, based on an average vehicle price of Rs 8.5–10 lakh.
Leading carmakers including Maruti Suzuki India (MSIL), Tata Motors Passenger Vehicles, and Hyundai Motor India (HMIL) reported record sales this festive season, as consumer confidence hit a high gear.
Amit Kamat, Chief Commercial Officer at Tata Motors Passenger Vehicl