Heavy trucks production in India 2011-2019

Around 277 thousand heavy trucks were produced in India in 2019. There was a drastic drop of more than 30 percent in comparison to the previous year. That year, some 4.1 million heavy trucks were produced worldwide.

Segmentation

In India, commercial vehicles are classified based on their gross vehicle weight (GVW). There were three categories. Vehicles under 7.5 tons are considered as light commercial vehicles. Vehicles between 7.5 and 16.2 tons are categorized as medium commercial vehicles (MCV) and vehicles over 16.2 tons were termed as heavy commercial vehicles. During the financial year 2018, heavy commercial vehicles had the highest sales volume among the different categories.

Leading manufacturers

Tata Motors was the leading manufacturer of both commercial and passenger vehicle segments. It had the biggest market share among the heavy-duty vehicle manufacturers. Tata motors had many firsts to its credit, including customer loyalty program in the commercial vehicle industry, introducing warranties for long periods and the first six-axle and 16 wheeler trucks.. Its fiercest competitor, Ashok Leyland, established in 1984, went on to acquire a share of over 25 percent in 2018. Medium and heavy commercial vehicles contribute more than half to their sales volume share. Other players in this market include Mahindra and Mahindra, SML Isuzu, Daimler India, Eicher Motors, and Volvo.

Heavy truck production volume in India from 2011 to 2019

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Source

Release date

2020

Region

India

Survey time period

2011 to 2019

Supplementary notes

Audi, BMW, JLR, Mercedes, Scania and Daimler Trucks data not reported, according to the source.
Data from previous reports has also been used.
Values have been rounded.

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Statistics on "Commercial vehicles in India"

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