Festival cheer, tax cuts fuelled strong commercial vehicle recovery in Oct

India's commercial vehicle market logged its best post-pandemic retail growth in over two years as GST cuts, freight recovery, and festive buying lifted demand across segments

India’s commercial vehicle (CV) market saw a strong festive recovery in October 2025, with retail sales rising 17.7 per cent year-on-year (Y-o-Y) to 107,841 units, according to the Federation of Automobile Dealers Associations (FADA).

 

It was the strongest post-pandemic retail performance in over two years, driven by GST rate cuts, replacement demand, and a revival in freight and infrastructure activity.

 

The overall commercial vehicle retail sales during the 42-day festive period between Dussehra and Diwali in 2025 rose 15 per cent year-on-year to 1,39,586 units as per FADA data.