Sales volume of LCV in India FY 2008-2020

The sales volume for light commercial vehicles across India was around 493 thousand units in fiscal year 2020. Year-over-year, the sales volume dropped by 20.1 percent in fiscal year 2020. In general. the overall automotive industry in the country witnessed a drop in sales volume. One of the major reason was the uncertainty that lingered around due to the implementation of new emission standards. Some other reasons were the slowdown of the economy and the lockdown in the latter half of March 2020, due to the COVID-19 pandemic.

Sales volume of light commercial vehicles across India from financial year 2008 to 2020

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Source

Release date

April 2020

Region

India

Survey time period

FY 2008 to FY 2020

Special properties

including exports.

Supplementary notes

Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

Values have been rounded.

Data from previous reports has also been used.

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