Follow us
[PLUS] India’s car sales to sustain momentum in 2025
Despite a slowdown, the PV market in India has expanded at very healthy levels, with the year likely to close with sales of around 4.3 million units.
01 Jan 2025
5529 Views
Share -
Sales Outlook for Various PV Segments for 2025
India, the world’s third-largest car market, is set to attain peak volumes of 4.25–4.3 million units in 2024, recording its fourth consecutive year of growth. However, the growth rate has significantly decreased given the high base of 2023, erratic rains in certain states, IT sector layoffs and that 2024 was an election year during which government spending slowed.
Industry participants and analysts have told Autocar Professional that the Indian passenger vehicle market will grow by 3.5–4.5%, making it next to only China in the world. In the first four months of 2024, it grew 7% as the supplies improved, ...
RELATED ARTICLES
From Watches to Factory Automation: Inside Titan Engineering’s Next Growth Bet
Darshan Nakhwa
21 Aug 2026
Born from Titan’s need to build its own watchmaking equipment, TEAL has grown into a nearly ₹1,500-crore engineering bus...
Engineering for an Uncertain Future
Prerna Lidhoo
21 Aug 2026
With no clear winner among powertrains, flexible multi- energy platforms are becoming the industry's biggest insurance p...
BKT Bets on Digital, AI and Rider Communities to Build Consumer Tyre Brand
Darshan Nakhwa
20 Aug 2026
BKT plans to use digital media, AI-led consumer engagement and community marketing to build recall as on-highway tyres b...
