In the financial year 2023, the annual growth rate of passenger vehicles in India was at 25 percent. It was a huge increase in comparison to last year's 17 percent growth rate. India has one of the largest passenger vehicle industry in the world, next to U.S. and China.
Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023
Characteristic
Year-over-year change rate
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CARE Ratings. (July 12, 2023). Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/
CARE Ratings. "Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023." Chart. July 12, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/
CARE Ratings. (2023). Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/
CARE Ratings. "Annual Change Rate of Passenger Vehicle Sales in India from Financial Year 2001 to 2023." Statista, Statista Inc., 12 Jul 2023, https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/
CARE Ratings, Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023 Statista, https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/ (last visited August 25, 2024)
Annual change rate of passenger vehicle sales in India from financial year 2001 to 2023 [Graph], CARE Ratings, July 12, 2023. [Online]. Available: https://www.statista.com/statistics/1415690/india-passenger-vehicle-sales-change-rate/