Registered light commercial vehicles in India FY 2017 by major city

With the second largest road network in the world, road transportation has been the main way of commute for Indians. So much so that approximately one in every four Indians in the country owns a vehicle. At the end of fiscal year 2017, the country’s capital had around 289 thousand registered light commercial vehicles.

Commercial vehicles

Tata Motors dominated the domestic commercial vehicle market in India with a 44 percent share. The company also had the leading share in terms of bus sales across the south Asian country. In 2019, around one million commercial vehicles were sold in India. Heavy trucks weighing over 25 metric tons, sold the maximum number of units among the different gross weight segments.

Gaining momentum

The growth in infrastructure projects combined with the BS VI standards release resulted in a pre-buying boost for the commercial vehicle sector. Due to the government’s payout to the contractors, the offtake in the commercial vehicle segment improved as well. The boost in the infrastructure projects over the coming months is likely to align well with the medium and heavy commercial vehicle segments.

Number of registered light commercial vehicles across India in financial year 2017, by major cities

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Source

Release date

January 2020

Region

India

Survey time period

FY 2017

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 for clarity.

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