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Sales volume of M&HCV in India FY 2017-2022

Published by
Shangliao Sun,
Nov 30, 2022
Sales volume of medium and heavy commercial vehicles across India was around 241 thousand units at the end of fiscal year 2022. In fiscal year 2019, the Indian commercial vehicle industry recorded an all time high with a sales volume of over a million units. The decreased sale volume in 2020 and 2021 was contributed by the new emission standard and the impact of coronavirus (COVID-19) pandemic.

Sales volume of medium and heavy commercial vehicles across India from financial year 2017 to 2022 (in 1,000s)

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Release date

August 2022

Region

India

Survey time period

FY 2017 to FY 2022

Supplementary notes

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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