2W sales expected to grow 5-6%, passenger vehicles by 2-3% in FY26 post GST rationalisation: Crisil

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Crisil Ratings anticipates a boost in India's automobile sector following GST rate rationalization, effective September 22, 2025. Two-wheeler sales are projected to grow by 5-6%, while passenger vehicles are expected to rise by 2-3%. The GST cut is expected to lower vehicle prices, coinciding with the festive season, and is expected to drive stronger demand.