India Passenger Car Market Assessment, By Vehicle Type [Hatchbacks, MUV’s, Sedans, SUV’s], By Fuel Type [Petrol, Diesel, Electric, CNG], By Transmission Type [Manual, Automatic], By Distribution Channel [Original Equipment Manufacturers (OEMs), Dealers and Distributors], By Region, Opportunities and Forecast, FY2016-FY2030F

The Indian passenger car market was valued at USD 35.27 billion in FY2022 and is expected to reach a value of USD 75.49 billion by FY2030 while registering a CAGR of over 10.16% during the forecast period. 

India Passenger Car Market Size, Share, Growth & Forecast 2030

India Passenger Car Market Assessment, Opportunities and Forecast, FY2016-FY2030

In the year 2022, the Indian automobile industry generated its highest ever annual domestic passenger vehicle sales. A total of 3.79 million vehicle units were sold in India, which was about 23.1 percent higher than the unit sales recorded in 2021. 

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