Industrial automobile retail gross sales remained sturdy in July 2026, pushed by wholesome demand in rural markets and sustained momentum within the LCV phase
As per the most recent retail gross sales information launched by FADA, India’s industrial automobile (CV) phase continued its progress momentum in July 2026. Complete retail gross sales stood at 99,666 models, registering a 24.04% YoY improve over 80,348 unitssold in July 2025. Gross sales have been additionally up 9.56% MoM, in comparison with 90,972 models retailed in June 2026.
Throughout the April-July 2026 interval, cumulative CV retail gross sales reached 3,84,254 models, up 17.44% from 3,27,205 unitssold throughout the identical interval final 12 months. FADA famous that rural demand remained stronger than city markets, with rural gross sales rising 29.37% YoY in opposition to 19.36% progress in city areas.
Phase Sensible Efficiency
Gentle Industrial Autos (LCVs) remained the first progress driver through the month. Retail gross sales elevated to 61,634 models, reflecting 27.65% YoY progress, whereas additionally rising 3.50% MoM from 59,549 models in June. Medium Industrial Autos (MCVs) recorded gross sales of 9,925 models, registering 25% YoY progress. Nevertheless, volumes declined 5.76% in comparison with June. Heavy Industrial Autos (HCVs) additionally posted wholesome numbers with 28,070 models bought, representing 16.72% YoYgrowth and a 12% MoM improve.
Diesel Nonetheless Dominates, EV Share Continues To Rise
Diesel continued to dominate India’s industrial automobile market with an 80.40% share, though its share has progressively declined from 81.94% in July 2025. CNG/LPG automobiles improved their market share to 12.75%, in comparison with 11.84% a 12 months in the past. Electrical industrial automobiles continued to realize traction as effectively. EVs accounted for 3.57% of complete CV retail gross sales in July 2026, marginally increased than 3.54% in June and considerably above 1.65% recorded in July 2025. Petrol/Ethanol automobiles accounted for 3.25%, whereas hybrid CVs remained a distinct segment class with a 0.03% share.
OEM Sensible Retail Gross sales
Tata Motors continued to guide the industrial automobile phase with 34,733 models bought in July 2026. The corporate registered a powerful 32.76% YoY progress and 12.07% MoM improve, commanding a 34.85% market share. Mahindra retained second place with 26,055 models, posting 22.35% YoY progress and 4.16% MoM enchancment. The corporate accounted for 26.14% of the market.
Ashok Leyland remained third with 17,691 models, registering 16.19% YoY progress and a formidable 15.35% MoMincrease. VE Industrial Autos adopted with 8,724 models, recording 15.21% YoY and 9.92% MoM progress. Maruti Suzuki retailed 4,460 industrial automobiles, up 22.73% YoY, whereas remaining largely flat sequentially with 0.54% MoM progress.
Among the many smaller gamers, Power Motors posted the very best month-on-month progress amongst main OEMs at 28.83%, with gross sales growing to 2,610 models. SML Mahindra was the one main producer to report a month-to-month decline, with gross sales easing 3.30% to 1,845 models. Daimler India Industrial Autos retailed 1,667 models, whereas the ‘Others’ class contributed 1,881 models, up 87.35% YoY.
Total, July 2026 was one other constructive month for the industrial automobile trade. Robust infrastructure exercise, wholesome rural demand and enhancing freight motion continued to assist retail volumes, whereas the gradual rise in electrical CV adoption displays the market’s ongoing transition in the direction of cleaner mobility options.
