Follow us
A Year of Reset: India's PV Market's Late-2025 Revival
India’s PV industry was on track for a year-on-year decline when the sudden cut in GST breathed new life into sagging sales, putting it on track for a modest growth for the year.
By Darshan Nakhwa
11194 Views
India’s passenger vehicle industry spent 2025 navigating policy shifts, supply disruptions and evolving consumer priorities, yet still found its way back to growth. Retail volumes for January-October edged up by 4% despite months of muted sentiment, disrupted EV supply chains and a fragmented powertrain landscape.
The turning point came in September with the rollout of GST 2.0. The reform reset vehicle affordability across segments and coincided with the festive season, pulling buyers back into showrooms and restoring momentum after a prolonged period of hesitation.
From January to August, the industry moved through an uneven stretch. Consumer sentiment stayed ...
RELATED ARTICLES
How One Tax Cut Fuelled Every Car Maker Except MG Motor
Anurag Chaturvedi
04 May 2026
For the one OEM built around EVs, the competitive equation changed without its own pricing moving by a rupee.
How a Single GST Cut Shifted India's Car Market Out of Neutral
Anurag Chaturvedi
04 May 2026
Five million passenger vehicles were never a supply problem. One rate reform proved it was always about price.
The Wages of Survival: The Hidden Cost of the Noida and Manesar Protests
Anurag Chaturvedi
01 May 2026
The Noida and Manesar worker unrest has its roots in two older inconsistencies, one of productivity and one of communica...
