Change rate of light commercial vehicle sales in India FY 2007-2024

Published by
Shangliao Sun,
Sep 26, 2024

In fiscal year 2024, the light commercial vehicles witnessed a slight decrease in the sales volume by around 1.5 percent, in comparison to the previous year. In 2020 and 2021, significant decreases could be observed, some of the reasons for this change were changes in axle load norms, allowing the vehicle owners to carry more load, changes in pollution norms, and the impact of the coronavirus pandemic.

Change rate of light commercial vehicle sales in India from financial year 2007 to 2024

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Release date

June 2024

Region

India

Survey time period

FY 2007 to FY 2024

Supplementary notes

India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

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