CMV360 Weekly Wrap (09-14 October 2026): Three-Wheeler & CV Sales Growth, Tata EV Partnerships, Electric Bus Expansion, Tractor Updates & Major Agriculture Moves
Add CMV360 on GoogleCMV360 Weekly Wrap (09-14 October 2026): Get the latest updates on CV sales, Tata EV partnerships, electric buses, tractor industry, CNH investments and major agriculture developments across India.
By Robin Kumar Attri
The Indian automotive and agriculture sectors witnessed several important developments during 09-14 October 2026, with major updates across commercial vehicles, electric mobility, tractors and government initiatives. This week’s highlights include growth in three-wheeler and commercial vehicle retail sales, new electric vehicle partnerships by Tata Motors and Delhivery, Mumbai’s upcoming electric bus expansion, and Force Motors plans for electric Traveller vans. The agriculture sector also saw important developments, including CNH’s new manufacturing plant in Uttar Pradesh, tractor sales trends and fresh government measures to support farmers and control food prices. Here’s a quick look at all the major updates you need to know.
India's three-wheeler retail sales grew 3.97% year-on-year to 1,41,420 units in October 2026, led by passenger three-wheelers (86,582 units) and goods vehicles (20,215 units). Passenger e-rickshaw sales declined 25.76%. Bajaj Auto maintained market leadership with 51,810 units, while Mahindra and TVS Motor strengthened their positions. Overall, passenger and goods vehicles remained the key growth drivers.
India's commercial vehicle retail sales grew 2.29% YoY to 1,15,140 units in October 2026, with 11.19% monthly growth. LCVs led with 69,148 units, despite a 9.57% annual decline, while HCVs recorded the strongest growth at 28.95%. Tata Motors retained market leadership with 39,914 units and a 34.67% market share, followed by Mahindra and Ashok Leyland.
Force Motors Electric Traveller Vans to Launch in Q1 2027, Company Invests ₹3,000 Crore in EVs
Force Motors plans to launch electric Traveller vans between January and March 2027, with an electric ambulance among the first models. The vehicle has completed development and is undergoing final ARAI homologation. The company has committed ₹3,000 crore towards EVs, engineering and technology while expanding production capacity to 85,000 vehicles. An electric Urbania is also under development.
Tata Motors Partners Turno to Offer Financing and 25% Buyback Guarantee for Electric SCVs
Tata Motors has partnered with Turno to offer customised financing, flexible repayments and a 25% assured buyback guarantee for its electric SCVs and pickups. The partnership covers Ace Pro EV, Ace EV 1000 and Intra EV Pickup. Customers will also benefit from quicker loan disbursements, access to 25,000+ charging points and 200+ dedicated EV support centres.
Mumbai to Get 1,500 New EKA and Switch Electric Midi-Buses by 2028
BEST has signed agreements to induct 1,500 electric midi-buses from EKA (1,050) and Switch (450) under the PM E-DRIVE scheme. The 9-metre AC buses will offer a minimum 200 km range, 28-passenger seating and modern safety features. The 12-year wet-lease deployment will begin with 225 buses by March 2027, with the entire fleet expected by March 2028.
Delhivery has partnered with Tata Motors, Euler Motors and Montra Electric to deploy 1,500–2,000 electric commercial vehicles over the next 12–18 months, starting in Delhi-NCR. The company aims to increase EV penetration in its eligible intra-city fleet beyond 50% and fully electrify vehicles operating on routes below 200 km within four to five years, supported by new charging infrastructure.
FADA Tractor Retail Sales October 2026: Mahindra Leads with 23.03% Market Share
India’s tractor retail sales grew 3.10% year-on-year to 79,285 units in October 2026. Mahindra Tractor Division led with 18,263 units, followed by Swaraj with 14,206 units. ITL and CNH Industrial gained market share, with CNH recording the highest growth at 28.9%. Meanwhile, TAFE sales declined 4.5%, while smaller manufacturers also lost market share.
CNH has begun construction of its 100-acre manufacturing plant at YEIDA, Uttar Pradesh, with an annual capacity of 1 lakh tractors. The first phase is expected to become operational by mid-2028. Featuring robotics, automation, AI-powered quality systems and sustainable practices, the facility will strengthen domestic production, exports, employment and local supplier development.
Government Makes Weekly Paddy and Rice Stock Reporting Mandatory, Imposes Stock Limits in 5 States
The government has made weekly paddy and rice stock reporting mandatory every Friday and authorised five southern states to impose stock limits until January 31, 2027. With Sona Masuri prices reaching ₹65–70 per kg, it plans to increase Bharat Rice supplies and double the OMSS-D rice sale target to 5 million metric tonnes to control prices and prevent hoarding.
Prime Minister Narendra Modi urged solar power for every Indian field, wider use of agricultural drones and greater adoption of natural farming. He highlighted PM-KUSUM’s role in empowering farmers, ₹16 lakh crore spent on fertiliser support over 12 years and agricultural growth above 4%. He also said the government is absorbing a monthly diesel price burden of around ₹14,000 crore.
CMV360 Says
This week highlights the continued transformation of India's commercial vehicle, electric mobility and agriculture sectors. While retail sales growth reflects steady market demand, investments in electric vehicles, charging infrastructure and manufacturing indicate a strong push towards cleaner and more efficient transportation. Meanwhile, tractor industry developments and government initiatives remain important for India's agricultural growth. Stay connected with CMV360 for the latest commercial vehicle, tractor, EV and agriculture industry updates.
Robin Kumar Attri is a content and video professional with 2.7 years of experience in the commercial vehicle d .....
