India’s automobile industry is expected to see an uptick in demand in October following the recent GST cuts, with stronger momentum across tractors, passenger vehicles (PVs), and two-wheelers (2Ws), while demand for medium and heavy commercial vehicles (MHCVs) are likely to remain stable.

According to industry estimates, the festive season has boosted retail activity, but the Vahan registration data does not yet fully reflect the actual festive demand due to reporting lags.

Despite the positive sentiment, wholesale dispatches in October are likely to have been limited due to restricted truck availability and fewer production days during the festive period.

Manufacturers have scaled back discounts amid improving retail momentum and sustained inquiry levels, which are expected to remain s

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