Did Dhanteras Ignite the Auto Market with Over 1 Lakh Cars Delivered in 24 Hours?
Click to start listening
Synopsis
This Dhanteras, India's automobile market experienced an unprecedented surge, with over 100,000 cars delivered in just one day. Join us as we explore the driving forces behind this remarkable event, including the impact of GST reforms and the festive spirit that has consumers eager to buy.
Key Takeaways
- Over 100,000 cars delivered in 24 hours on Dhanteras.
- GST 2.0 reforms positively impacting the auto sector.
- Major manufacturers reporting record sales.
- Overall festive sales projected to exceed Rs 50,000 crore.
- Consumer sentiment remains strong across various sectors.
New Delhi, Oct 19 (NationPress) This Dhanteras, the festive enthusiasm surged through India's automobile sector, with manufacturers achieving record-breaking deliveries of over 100,000 vehicles in just 24 hours, as per industry reports.
Fueled by strong festive demand and the positive effects of GST 2.0 reforms, the auto industry recorded one of its most impressive single-day performances in years.
Industry estimates suggest that these deliveries resulted in sales ranging from Rs 8,500–10,000 crore within a single day, based on an average vehicle price between Rs 8.5–10 lakh.
Major car manufacturers such as Maruti Suzuki India (MSIL), Tata Motors Passenger Vehicles, and Hyundai Motor India (HMIL) reported exceptional sales during this festive season, as consumer confidence soared.
Amit Kamat, Chief Commercial Officer at Tata Motors Passenger Vehicles Ltd, stated that this year's Dhanteras and Diwali deliveries were distributed over two to three days to align with auspicious timing.
“Overall demand has been strong, and the GST 2.0 reform has provided additional momentum. We anticipate delivering over 25,000 vehicles during this period,” he remarked.
In agreement, Tarun Garg, Whole-time Director and COO of Hyundai Motor India Ltd, mentioned that strong customer demand has led to expected deliveries of about 14,000 units, a nearly 20 percent increase compared to last year.
The broader festive season has also stimulated consumer spending in other sectors. Sales of gold and silver surged over 25 percent in value, with overall Dhanteras trading estimated to exceed Rs 1 lakh crore, as reported by the Confederation of All India Traders (CAIT).
The All India Gem and Jewellery Domestic Council (GJC) noted a significant increase in buying activity following a sharp drop in gold prices.
“We expect festive sales to exceed Rs 50,000 crore this season. Despite high prices for gold and silver, consumer sentiment remains positive, driven by early wedding purchases and strategic festive buying,” stated GJC Chairman Rajesh Rokde.
From vehicles to jewelry, the Diwali season has ushered in a wave of optimism within India's retail landscape.
Experts believe that the blend of festive spirit, economic recovery, and tax reforms under GST 2.0 has rekindled consumer sentiment, marking this as one of the most vibrant festive seasons in recent history.
Point of View
It's clear that the recent surge in automobile sales during Dhanteras is not merely a number; it reflects a broader economic revival. The combination of festive enthusiasm, strategic reforms like GST 2.0, and consumer confidence has created a robust environment for growth in the auto sector. This trend is a promising indicator for the overall economy as we move forward.
NationPress
19/10/2025
Frequently Asked Questions
What factors contributed to the surge in car sales on Dhanteras?
The surge in car sales during Dhanteras can be attributed to strong festive demand, positive impacts from GST 2.0 reforms, and increased consumer confidence.
How much revenue was generated from these car sales?
The car sales during this period are estimated to have generated sales worth Rs 8,500–10,000 crore.
Which car manufacturers reported record sales?
Major manufacturers like Maruti Suzuki, Tata Motors, and Hyundai reported significant increases in sales.
What other sectors benefited from the festive season?
The festive season also boosted consumer spending in sectors like jewelry, with gold and silver sales increasing by over 25 percent.
What is the expected outcome for festive sales this season?
Festive sales are projected to exceed Rs 50,000 crore this season, driven by strategic buying and early wedding purchases.
