Monthly summary · India Buying Intent

August 2026

What moved India’s keenness to buy in August, from the national number down to the brands.

Readings as stored on 23 September 2026 · Base: April 2025 = 100

August at a glance

India Buying Intent
98.8
▼ −0.6 from July
  • A second monthly dip, but still +1.1 on August 2025.
  • Trust and Desire both at 98.8, each −0.6.
  • Technology +13.6%, Automobile +5.1%; Food & Beverage −10.0%, FMCG −8.7%.
  • Hyundai gained the most (+301.7); Maruti Suzuki fell the most (−344.5).
  • Dell leads on Trust, Desire and Buying Intent.

1 · The national reading

A small dip, and the second one in a row

959799101Base 10098.894.9May ’25Aug ’25Nov ’25Feb ’26May ’26Aug ’26
India Buying IntentThree-month trend
vs July ’2699.4▼ −0.6
vs 3-month trend99.3▼ below
vs Aug ’2597.7▲ +1.1

India Buying Intent moved from 99.4 in July to 98.8 in August. On its own that is a small step. It follows a slip in July, though, and it leaves the index just under its three-month trend of 99.3.

Last August the reading was 97.7, so the market is still ahead of where it stood a year ago. The lowest point in these 17 months was 94.9 in Jan ’26, and the highest was 100.2 in Oct ’25.

All 17 monthly readings
MonthTrustDesireBITrend
Aug ’2698.898.898.899.3
Jul ’2699.499.499.499.2
Jun ’2699.799.699.699.1
May ’2698.798.598.697.9
Apr ’2698.899.199.096.7
Mar ’2696.196.196.195.3
Feb ’2695.095.095.096.1
Jan ’2694.994.994.997.3
Dec ’2598.298.598.499.0
Nov ’2598.698.598.598.7
Oct ’25100.1100.2100.298.4
Sep ’2597.397.397.397.5
Aug ’2597.797.797.798.1
Jul ’2597.797.597.698.3
Jun ’2599.099.199.099.1
May ’2598.398.598.4
Apr ’25100.0100.0100.0

2 · Under the surface

Trust and Desire eased together

Trust98.8▼ −0.6 from July
Desire98.8▼ −0.6 from July

Trust is how sure people feel about a brand. Desire is how much they want it. In August both slipped by the same amount, so neither one explains the dip by itself.

Brands split almost evenly

Trust rose50.1%
Desire rose52.9%

Share of brands measured in both July and August whose reading went up. Desire tilted a little more towards gains than Trust did.

How India decided

Weighed it up · 62.6%Instinct · 37.4%

Close to two in three buying decisions were thought through, not made on impulse. That share has barely changed all year: it has stayed between 62.6% and 62.7% in every month since April 2025.

3 · Categories

The national number hides a split

The national reading moved by 0.6 of a point. Underneath, the super-categories moved by whole percentage points in both directions.

Buying Intent by super-category, June to August 2026, largest first
Super-categoryJunJulAugvs JulThree-month shape
Consumer Electronics12.714.113.7▼ −3.0%
Automobile9.010.611.2▲ +5.1%
Food & Beverage13.710.49.4▼ −10.0%
FMCG9.89.58.7▼ −8.7%
Technology6.86.97.8▲ +13.6%
Digital7.77.27.5▲ +3.2%
Gadgetry8.77.67.3▼ −4.3%
BFSI5.66.45.9▼ −7.3%
Personal Accessories5.06.05.0▼ −15.7%
Retail3.63.93.9▼ −0.4%
Consumer Appliances2.72.63.0▲ +15.1%
Manufacturing3.12.42.6▲ +9.9%
Apparels2.42.72.6▼ −5.9%
Sports1.61.71.6▼ −3.9%
Home Care1.11.41.5▲ +2.8%
Healthcare0.70.91.3▲ +44.4%
Fast Moving Electrical Goods1.10.81.1▲ +34.4%
Automobile · Related1.10.91.0▲ +14.9%
TelecomSmall base, read with care1.40.90.8▼ −10.0%
Kitchen CareSmall base, read with care0.80.70.7▲ +5.7%
StationerySmall base, read with care0.80.60.6▲ +8.2%
EnergySmall base, read with care0.20.30.4▲ +23.4%

Consumer Electronics is still the largest at 13.7, even after easing from 14.1. Technology made the biggest step among the larger ones, from 6.9 to 7.8.

Automobile has now risen two months running, from 9.0 in June to 11.2. Food & Beverage and FMCG have gone the other way for two months.

Rows marked small base sit under 1.0, where a change of a tenth of a point shows up as a large percentage.

4 · Brands

The brands that moved most

Twenty biggest gains and twenty biggest drops in Buying Intent from July to August. Each brand is read within its own category.

Biggest gains

Biggest gains in Buying Intent, July to August 2026
#Brand · categoryAug BIvs JulChange
1HyundaiPassenger Vehicles818.5▲ +301.7+58.4%
2DellLaptops2,042.3▲ +246.8+13.7%
3ToyotaPassenger Vehicles516.2▲ +214.4+71.0%
4HondaMotorcycle · Manufacturer1,081.8▲ +196.9+22.2%
5HDFC BankBank · Private657.9▲ +190.8+40.8%
6ApplePersonal Technology341.4▲ +185.1+118.3%
7VoltasAir Conditioners566.3▲ +184.6+48.4%
8TVSMotorcycle · Manufacturer705.6▲ +181.5+34.6%
9LenovoLaptops813.4▲ +168.7+26.2%
10Royal EnfieldMotorcycle · Manufacturer438.3▲ +145.3+49.6%
11IFBRefrigerators239.1▲ +142.5+147.6%
12LGAir Conditioners487.0▲ +140.6+40.6%
13LGDiversified204.5▲ +137.1+203.4%
14MicrosoftSoftware Products202.3▲ +129.6+178.4%
15GoogleInternet Search597.3▲ +125.1+26.5%
16L’OréalHair Colour172.0▲ +118.9+223.6%
17ToshibaWashing Machines166.0▲ +117.4+241.6%
18Apple MacBookLaptops626.0▲ +115.5+22.6%
19WhirlpoolRefrigerators403.1▲ +107.4+36.3%
20Hewlett PackardLaptops826.5▲ +107.2+14.9%

Biggest drops

Biggest drops in Buying Intent, July to August 2026
#Brand · categoryAug BIvs JulChange
1Maruti SuzukiPassenger Vehicles845.6▼ −344.5−28.9%
2TitanWatches524.7▼ −288.7−35.5%
3AmulMilk484.0▼ −259.7−34.9%
4State Bank of IndiaBank · PSU593.3▼ −256.9−30.2%
5Tata MotorsPassenger Vehicles984.0▼ −255.7−20.6%
6LGWashing Machines487.3▼ −252.8−34.2%
7Blue StarAir Conditioners259.9▼ −250.5−49.1%
8SonyAudio Equipments36.8▼ −231.1−86.3%
9LGRefrigerators553.4▼ −227.9−29.2%
10SuzukiMotorcycle · Manufacturer80.9▼ −206.6−71.9%
11LICLife Insurance · PSU681.3▼ −200.9−22.8%
12HitachiSteel Industry Solution38.8▼ −196.4−83.5%
13BoATAudio Equipments216.8▼ −185.3−46.1%
14Bajaj FinanceFinancial Services140.2▼ −179.9−56.2%
15WhirlpoolWashing Machines322.2▼ −157.1−32.8%
16AirtelMobile Service Provider147.7▼ −155.2−51.2%
17Ambuja CementCement154.8▼ −152.5−49.6%
18AcerLaptops288.5▼ −148.6−34.0%
19BataFootwear · Retail724.0▼ −148.5−17.0%
20Peter EnglandMenswear22.3▼ −148.4−86.9%

Small base: the brand read under 100 in July or August, so its percentage change looks larger than the move behind it.

What the lists say

Cars appear on both lists. Hyundai and Toyota made the largest gains, while Maruti Suzuki and Tata Motors fell furthest. Within a category, the movement this month was brand by brand.

Motorcycles leaned up. Honda, TVS and Royal Enfield all rose. Suzuki was the one motorcycle maker among the drops.

Laptops rose almost across the board. Dell, Lenovo, Apple MacBook and HP all gained. Acer fell.

Appliance brands moved differently from one product to the next. LG rose in air conditioners but fell in washing machines and refrigerators. Whirlpool rose in refrigerators and fell in washing machines. Voltas gained in air conditioners while Blue Star fell.

Money brands mostly slipped. HDFC Bank rose, while State Bank of India, LIC and Bajaj Finance fell.

5 · Leaders

Who people trust most, and want most

Highest Buying Intent · August
1DellLaptops2,042.3
2SonyTelevisions1,110.6
3HondaMotorcycle · Manufacturer1,081.8
4VivoMobile Phones1,081.0
5AmazonOnline Retailer · Diversified1,073.0
6Tata MotorsPassenger Vehicles984.0
7Apple iPhoneMobile Phones883.0
8OppoMobile Phones862.4
9Maruti SuzukiPassenger Vehicles845.6
10Hewlett PackardLaptops826.5
Highest Trust · August
1DellLaptops1,715.3
2HondaMotorcycle · Manufacturer1,323.8
3SonyTelevisions994.4
4VivoMobile Phones966.4
5AmazonOnline Retailer · Diversified949.4
6FlipkartOnline Retailer · Diversified921.0
7Hewlett PackardLaptops866.2
8TVSMotorcycle · Manufacturer855.3
9LGTelevisions790.1
10LenovoLaptops788.8
Highest Desire · August
1DellLaptops1,944.2
2Tata MotorsPassenger Vehicles1,029.3
3SonyTelevisions992.8
4AmazonOnline Retailer · Diversified973.6
5VivoMobile Phones969.8
6Apple iPhoneMobile Phones931.8
7Maruti SuzukiPassenger Vehicles920.8
8OppoMobile Phones816.5
9Apple MacBookLaptops718.6
10HyundaiPassenger Vehicles715.5

Dell leads on all three, and its Buying Intent of 2,042.3 is well ahead of the next brand, Sony televisions at 1,110.6. Mobile phones take three of the ten Buying Intent places: Vivo, Apple iPhone and Oppo.

Honda ranks second on Trust but is outside the Desire top ten. Tata Motors ranks second on Desire but is outside the Trust top ten.

Leaders inside the larger super-categories

Top three brands by Buying Intent in each, August 2026.

Consumer Electronics

  1. 1SonyTelevisions1,110.6
  2. 2LGTelevisions781.8
  3. 3SamsungTelevisions710.7

Automobile

  1. 1HondaMotorcycle · Manufacturer1,081.8
  2. 2Tata MotorsPassenger Vehicles984.0
  3. 3Maruti SuzukiPassenger Vehicles845.6

Food & Beverage

  1. 1AmulMilk484.0
  2. 2BisleriPackaged Drinking Water406.6
  3. 3Dabur HoneyHoney401.8

FMCG

  1. 1LakmeCosmetics318.2
  2. 2NiveaSkincare292.8
  3. 3ColgateToothpaste224.9

Technology

  1. 1DellLaptops2,042.3
  2. 2Hewlett PackardLaptops826.5
  3. 3LenovoLaptops813.4

Digital

  1. 1AmazonOnline Retailer · Diversified1,073.0
  2. 2FlipkartOnline Retailer · Diversified825.8
  3. 3Google PayDigital Payments614.5

Gadgetry

  1. 1VivoMobile Phones1,081.0
  2. 2Apple iPhoneMobile Phones883.0
  3. 3OppoMobile Phones862.4

BFSI

  1. 1LICLife Insurance · PSU681.3
  2. 2HDFC BankBank · Private657.9
  3. 3State Bank of IndiaBank · PSU593.3

Personal Accessories

  1. 1BataFootwear · Retail724.0
  2. 2TanishqJewellery559.4
  3. 3TitanWatches524.7

Retail

  1. 1D MartHypermarket · Indian702.4
  2. 2ZudioValue Fashion341.5
  3. 3Godrej InterioFurniture293.2

Consumer Appliances

  1. 1KentWater Purifiers461.5
  2. 2CromptonFans248.4
  3. 3UshaFans203.7

Apparels

  1. 1ZaraFast Fashion349.3
  2. 2BibaEthnicwear · Women338.9
  3. 3RaymondFabric To Brands334.5

6 · For marketers

What to take from August

  1. Read your category, not only the national number. India moved −0.6, while Technology rose +13.6% and Food & Beverage fell 10.0%.
  2. Automobile has momentum. It has risen two months running, but that is the category as a whole. Individual brands moved in both directions.
  3. Food & Beverage and FMCG have softened for two months. Brands there may find people harder to move this season.
  4. Trust and Desire can part ways. Honda leads on Trust but not on Desire, and Tata Motors the other way round. Check which of the two your brand is short on.

See where your brand stands

Any brand’s Buying Intent, Trust and Desire, free to read.

Read your brand’s reading →