Vehicle production volume in India FY 2024, by segment

Published by Statista Research Department, Nov 5, 2024

In fiscal year 2024, around 21.5 million two-wheelers were manufactured in India, thereby being the leading type of vehicle to be manufactured in the country. This was followed by the passenger vehicle segment, with over 4.9 million units. In all, 28.4 million vehicle units were produced in the country. India is one of the largest automobile markets in the world, and to further boost this sector, it was backed by strong government policies.

Vehicle production volume in India in financial year 2024, by segment (in 1,000 units)

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Release date

2024

Region

India

Survey time period

FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Values have been rounded for clarity.

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