Sales of automobiles India FY 2011-2019 by type

Being one of the largest automotive sectors, India had over 230 million registered vehicles in 2016. It was the largest producer of two-wheelers across the globe in 2019. The market within the country was dominated by this segment also. In 2019, over 21 million units of two-wheelers were sold domestically across the south Asian country. There had been an increase in the sales volume of two-wheelers over the past few years.

Hero MotoCorp

Hero MotoCorp had the maximum share in the two-wheeler segment in India. The company was the worldwide leader in two-wheeler manufacturing. The company has taken up the initiative of manufacturing electric scooters and bikes. However, the high battery costs are likely to create a significant cost difference between the petrol and the clean energy variants.

Two-wheeler market outlook

The Indian government has set a target to electrify a major proportion of the two-wheelers within the nation. However, the manufacturers have encouraged the government to adopt more ‘realistic’ expectations, as the former’s scheme would mean the electrification of over two million vehicles. With the two-wheeler industry estimated to grow at over nine percent in the next few years, more investments in the clean energy sector could pave a way for the domestic market.

Sales of automobiles in India from financial year 2011 to 2019, by type

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Source

Release date

2019

Region

India

Survey time period

FY 2011 to FY 2019

Supplementary notes

Values have been rounded for clarity.

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

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Statistics on "Automotive industry in India"

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