Market share of M&HCV trucks in India FY 2023, by manufacturer

Published by
Shangliao Sun,
Sep 20, 2023
in the fiscal year 2023, the market share for medium and heavy commercial vehicle trucks across India was dominated by Tata Motors at about 48 percent. Close to 80 percent of the market share was dominated by the two leading market players.

Market share of medium and heavy commercial vehicle trucks across India in financial year 2023, by manufacturer

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Release date

May 2023

Region

India

Survey time period

FY 2023

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.

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