Indian Variants-wise Car Data is our exclusive data, providing macro-level details and sales trends. Approximately 200 models are available in the Car, SUV, MUV, and Van segments in India in 2024. The corresponding variants of the 210 models are around 1600 plus. The Indian passenger Market has a wide range of offerings for customers—4.2 million Passenger vehicles were sold in 2024.
Variant-wise Indian Car and SUV Sales and Product Data are available with the latest updates. Variants of Cars, SUVs, and MUVs play an essential role in product and Sales Strategy because they show the product position. Earlier, the top-end model was not as popular; however, this trend has since changed.
Some variants offer different price points to cater to various customer segments.
Overall, business performance has been impacted by the distribution of variants for each Model.
For OEMs and Startups:
Maruti Suzuki, Tata Motors, Hyundai, and Mahindra are offering the maximum number of Variants. Only the top 4 brands offer more than 50% of the variants. These are the Top brands in the Indian Passenger vehicle Market in 2024. Others, such as MG, Toyota, and Kia, have a 5% share in the Indian PV market.
Some variants are popular and a good example of product-market fit.
In terms of Models, Mercedes and BMW have a wide model range, which includes the right product mix.
Some Models have an overlap among the Affordable, ValuePlus, Premium, Luxury, and High-end segments. However, the Model perception for buyers is also essential, as it influences the product’s position in the customer’s mind.
The variants have a different price bracket. Our Indian Indian Variants-wise Car Data provides the price band of each model and its product position.
Passenger Vehicle Segment: Car, SUV, and MUV
In the Car segment, Maruti has the highest number of variants, followed by Tata Motors, Hyundai, and others, including Bentley, Porsche, and Skoda. Maruti is the leading brand in the Indian Car segment because it has been producing sustainable cars for decades.
The SUV segment is the fastest-growing segment in India. Hyundai, Mahindra, and Tata Motors have the most significant number of variants, as all three brands are aggressive in their efforts to gain market share in the SUV segment.
Toyota, Kia, and Maruti are leading brands in the Indian multi-utility vehicle (MUV) segment. This segment presents an attractive opportunity for new brands seeking to expand their business, as only three brands currently hold a significant market share.
Please get in touch with us to get the variant-wise Indian Car Data.
