In fiscal year 2023, around 19.5 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 1.6 million units. In all, 25.9 million vehicle units were produced in the country. India is one of the largest automobile market in the world, and to further boost this sector, it was backed by strong government policies.
Vehicle production volume in India in financial year 2023, by segment
(in 1,000 units)
Characteristic
Vehicle production in thousand units
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SIAM India. (July 6, 2023). Vehicle production volume in India in financial year 2023, by segment (in 1,000 units) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/
SIAM India. "Vehicle production volume in India in financial year 2023, by segment (in 1,000 units)." Chart. July 6, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/
SIAM India. (2023). Vehicle production volume in India in financial year 2023, by segment (in 1,000 units). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/
SIAM India. "Vehicle Production Volume in India in Financial Year 2023, by Segment (in 1,000 Units)." Statista, Statista Inc., 6 Jul 2023, https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/
SIAM India, Vehicle production volume in India in financial year 2023, by segment (in 1,000 units) Statista, https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/ (last visited July 22, 2024)
Vehicle production volume in India in financial year 2023, by segment (in 1,000 units) [Graph], SIAM India, July 6, 2023. [Online]. Available: https://www.statista.com/statistics/318032/commercial-vehicle-production-by-type-in-india/