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India Light Vehicle Industry Outlook 2022 - 2026

See how India Light Vehicle performed compared to key markets.

Key Market Indicators

Car registrations in India are projected to reach almost 2.9 million units by 2026, up 0.8% annually from 2.5 million in 2021. This follows a 3% decline since 2010. Car production in India is expected to reach 3.5 million units by 2026, rising at an average rate of 0.9% a year from 3.0 million in 2021. This follows a 3.9% decline since 2002. In 2021, India came in fifth place, behind South Korea with 3.0 million units, Japan, Germany and South Korea in second, third and fourth respectively.

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India Light Vehicle Market Data and Forecasts

How much will India Light Vehicle Market grow to 2026?

Forecast: Passenger Cars Registrations in India
Forecast: Passenger Car Registrations in India
Forecast: Passenger Car Registrations in India
Forecast: Total Passenger Car Registrations in India
Forecast: Passenger Car Registrations in India
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