Mumbai, April 16 -- India's automobile sector recorded excellent performance on the whole in the financial year ending March 2025, with passenger vehicle sales hitting a record 4.3 million units, according to the latest data from the Society of Indian Automobile Manufacturers (SIAM). The overall industry grew 7.3% in domestic sales, continuing its upward trajectory. Exports rose by 19.2%, reflecting strong global demand. Performance was driven by healthy demand, infrastructure investments, supportive Government policies, and continued emphasis on sustainable mobility.

Passenger Vehicles (PV) segment posted its highest ever sales in FY 2024-25 of 4.3 million units, with a growth of 2% as compared to FY 2023-24. High base effect of FY 2023...