Thanks to the influence of the festive season, including Navratri and Dussehra, the Indian automotive market is seeing a significant increase in vehicle purchases, which has brought great benefit to Mahindra & Mahindra. The company recorded its highest monthly sales in October 2026.
In the domestic market, the company sold 73,338 SUVs. Overall, Mahindra's total sales exceeded the mark of 131 thousand units. In October, the company sold 73,338 SUVs in the domestic market, compared to 71,624 vehicles sold in October 2025. Thus, the company's annual SUV sales increased by 2%. Including exports, the total volume of commercial vehicle sales in October amounted to 74,904 units. In total across all automotive segments, Mahindra sold 131,109 vehicles, which is 9% more than last year.
The growth in Mahindra's SUV sales is observed not only in October but also in the first half of the 2026-27 financial year. From April to September 2026, the company's domestic commercial vehicle sales grew by 17%, reaching 431,480 units. In the first half of the previous financial year, this figure was 369,194 units.
Mahindra's commercial vehicle business showed mixed results in October. Sales of Light Commercial Vehicles (LCVs) weighing from 2 to 3.5 tons in the domestic market increased by 5%, totaling 28,654 units. However, sales of LCVs weighing less than 2 tons decreased by 4%, reaching 4,383 units in this segment. On the other hand, sales of three-wheeled motorcycles, including electric models, increased by 38%, reaching 17,632 units in October.
Demand for Mahindra vehicles is also growing in foreign markets. In October 2026, the company's total export grew by 77% compared to the same period last year, reaching 7,102 units.
Dr. Velusamy R, President of Mahindra's automotive business, noted that October was a historic month for the company, as SUV sales reached 73,338 units and total sales across all segments reached 131,109 units. According to him, demand remains strong in the SUV, pickup, and three-wheeled motorcycle segments due to the festive season and models with new updates. Customers are also positively responding to the company's first CNG model, the XUV 3XO ZNG.