Number of M&HCV buses sold in India FY 2017-2024

Published by
Shangliao Sun,
Sep 26, 2024

In fiscal year 2024, close to 52.5 thousand medium and heavy commercial vehicle (M&HCV) passenger carriers were sold in India. It was a significant increase in comparison with the previous year. In 2021, in comparison with the previous financial year, there was a huge decrease in the volume of sales, due to the impact of the coronavirus pandemic. Ashok Leyland Limited held the leading market share in this segment.

Number of medium and heavy commercial vehicle passenger carriers sold in India from financial year 2017 to 2024

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Release date

June 2024

Region

India

Survey time period

FY 2017 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.

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