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PV, 2W dispatches ride on GST wave to log best Jan figures
Business Standard
|February 14, 2026
Growth powered by healthy cash flow in rural areas
Dispatches of passenger vehicles (PVs) and two-wheelers in January posted double-digit growth, their highest ever sales in the month, indicating that the momentum generated after rationalisation in goods and servicestax (GST) has not tapered off.
Sales of PVs year-on-year (Y-0-Y) grew 12.6 per cent to 449,616 units while those of two-wheelers rose 26.2 per cent to 1,925,603.
Two-wheeler dispatches were led by scooters, which saw a 37 per cent rise, compared to 20 per cent for motorcycles.
Motorcycles, however, have larger volumes, accounting for more than 58 percent of two-wheeler sales.
This story is from the February 14, 2026 edition of Business Standard.
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