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GST cut, festival demand fuel 2W sales boom in Oct

Business Standard

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October 27, 2025

The two-wheeler market has roared back with the rollout of goods and services tax (GST) 2.0, with registrations in October soaring to 1.85 million units, so far — the highest monthly tally of the ongoing calendar year.

- ANJALI SINGH

GST cut, festival demand fuel 2W sales boom in Oct

The market, based on Vahan data, is on track to record one of the strongest monthly sales in recent years.

This surge reflects a combined impact of GST rate rationalisation and the buoyant festival season, reinvigorating consumer sentiment across both urban and rural India.

Vahan data shows monthly two-wheeler registrations jumping 43 per cent (as on October 23) from 1.29 million units in September. The spike also reflects a robust recovery in retail volumes after a relatively subdued July-September quarter.

Historically, the strongest monthly two-wheeler sales came in November 2024, when registrations soared to 2.6 million units, driven by festival demand and market momentum.

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