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Maruti suzuki maintained its dominant share of 46% in first three quarters of fy21. [1][2][3] as of 2025, india is the 3rd largest automobile market in the world in terms of sales. However, it was not until more than half a century later that.
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Major push to economic growth has been fuelled by investments and key sectors such as information. The remaining 20% was divided among 10 other companies, showing the strong influence of these top brands in the market. Hyundai accounted for 19% share followed by tata at 6%.
Scooters, mopeds and motorcycles have continued to hold on to their respective share in production of 2/3wheelers.
Just 12 years after karl benz built the world’s first practical automobile, the first car rode on the indian roads in 1897. In 2024, maruti suzuki, tata motors, hyundai, and mahindra together held 80% of india’s car market share. India has witnessed strong growth momentum despite these geopolitical tensions and uncertainties in the global economic environment. The passenger vehicles segment in india is witnessing a significant transformation driven by evolving consumer preferences, technological advancements, and policy support.
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