Business Update29 May 2026, 11:01 pm
Kingfa India: FY26 Auto Production Rises 11.8% YoY
AI Summary
Kingfa Science & Technology (India) Ltd. has released a performance update for FY 2025-26, highlighting key trends in the Indian market. The update includes market outlook data, INR to USD exchange rate trends, India's GDP annual growth rate, India Manufacturing PMI, and Brent Crude oil prices. A significant focus is placed on the auto industry, with total production rising by 11.8% YoY. Two-wheeler production leads with substantial volume, showing a 24% growth. Overall, the report indicates a positive trajectory for the auto industry in India during the specified period.
Key Highlights
- India's FY26 auto production increased by 11.8% year-over-year.
- Two-wheeler production reached 2,66,91,916 units, growing by 24% YoY.
- Commercial vehicle production increased to 11,70,150 units.
- Passenger vehicle production totaled 55,39,115 units in FY26.
- Three-wheeler production saw the strongest growth at 23.9% CAGR over 3 years.