Three-wheeler market may keep chugging in FY26 with 6-8% sales growth

Market to wrap up FY25 with 5-8% volume growth

The Indian three-wheeler (3W) market is projected to maintain a growth trajectory. Industry experts forecast a 5-8 per cent expansion in 2024-25 (FY25) and a 6-8 per cent increase in 2025-26 (FY26), driven by strong demand for passenger carriers and electric carts (e-carts).

 

Domestic wholesale sales of 3Ws have shown robust growth, increasing by 6.4 per cent in the first 11 months of the financial year, according to data released by the Society of Indian Automobile Manufacturers (Siam).

 

Retail sales, reported by the Federation of Automobile Dealers Associations (Fada), also reflected positive momentum, climbing 5.5 per cent during the same