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Analytics for the automotive & industrial equipment industry

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Flash Reports
Overall Automotive Industry

Overall Automotive Industry

Comprehensive market analysis across all vehicle categories and segments

Last published: June 2026

Market Summary - May 2026

Total Market Size:2,450,004 units
Growth Rate:-3.3% MoM | — YoY
Overall Alternate Penetration:17.2%

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 recorded 2.45 million units in May 2026, while forecasts indicate a decline through July to around 1.97 million units, followed by a gradual recovery to 2.06 million units in October and 2.03 million units in November. Two-wheelers are expected to remain the primary driver of industry volumes.

Alternative Fuel Adoption – Segment-wise Comparison

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