In March 2025, 2.1 million vehicles were sold, including Cars, Two-Wheelers, Three-Wheelers, Agricultural vehicles, Construction Equipment, and rickshaws. The Indian Automotive Monthly Market Trend 2025 for FY 2025 is a subscription-based ACG service. Indian Car Sales grew by 5%, two-wheeler sales grew by 11.3%, and three-wheeler sales rose by 1.4%. Agricultural sales grew by 13% and Construction Equipment sales by 24% in March 2025.
Indian Automotive retail sales registered 12% in March 2025 compared to February 2025, and the market declined by 1% in March 2025 compared to March 2024.
The Passenger Vehicle, Agricultural Vehicle, Two Wheeler, and Three Wheeler are the Top 4 segments in March 2025. These four segments contributed 91% of sales in March 2025.
Uttar Pradesh, Karnataka, Gujarat, Maharashtra, and Tamil Nadu are the top five states in the Indian Automotive Market. These five states have a 15% market share.
The Indian Car Segment showed 5% growth in FY 2025 compared to FY 2024. However, the Passenger Market registered 11% growth in March 2025 compared to February 2025.
October 2024, January 2024, and 2025 were the best months for the Indian Car Industry due to Demand in Rural and Urban areas.
In Quarter 4 FY 2025, Maruti lost 6% of the market share in Vehicle registration. Kia has maintained its position in the last 27 months. Mahindra gained a market share of 2% from January to March 2025.
The Indian Two Wheeler Industry registered an 11.3% growth in March 2025 compared to February 2025. In FY 2025, the two-wheeler market grew by 7.7% compared to FY 2024.
Hero MotoCorp is losing a slight market share but is still the market leader in the two-wheeler segment. An aggressive marketing strategy and integrated product features accelerate its sales. Its scooter segment is gaining momentum, which helps it gain market share. Bajaj Auto’s and Suzuki’s market share is stagnant from January 2023 to March 2025.
Key highlights of the Monthly Report:
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