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[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 | 5451 Views | By Ketan Thakkar and Ashutosh Radhey Shyam

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 ...

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