Market Summary - April 2026

Total Market Size:2,534,602 units

Growth Rate:-2.8% MoM | — YoY

Overall Alternate Penetration:21.5%

Sales & Forecast

Forecast indicates trajectory based on historical volumes and computed projections. AG Tractors and Construction Equipment are excluded.

Total

–Δ Historical MoM

India’s automotive market in 2026 is forecasted to moderate from around 2.53 million units in April to approximately 2.23 million units in May, followed by a mid-year decline to nearly 1.97 million units in July, before recovering to about 2.22 million units by October. Two-wheelers are expected to remain the primary volume driver, while other segments may witness moderate fluctuations, reflecting a typical seasonal demand pattern.

Alternative Fuel Adoption – Segment-wise Comparison

Comparison of segment-wise alternative fuel share between Mar 2026 and Apr 2026.