The automotive industry in India is one of the largest in the world with an annual production of 29.07 million vehicles in FY 17-18, following a growth of 14.78 per cent over the last year
The sale of Passenger Vehicles grew by 7.89 percent in April-March 2018 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 3.33 percent, 20.97 percent and 5.78 percent respectively in April-March 2018 over the same period last year.
Automobile Domestic Sales Trends
Passenger Vehicles2.6 M2.53 M2.6 M2.78 M3.4 M3.28 M
Commercial Vehicles0.7 M0.6 M0.6 M0.6 M0.7 M0.8 M
Three Wheelers0.5 M0.4 M0.5 M0.5 M0.5 M0.6 M
Two Wheelers10.4 M10.5 M10.610.7 M 10.8 M20.1 M
Grand Total10.8 M10.8 M10.9 M 20.04 M20.1 M20.5 M
Source – SIAM (Society of Indian Automobile Manufacturers)
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