Production volume of vehicles India FY 2011-2024, by segment

India was one of the leading countries in the world in terms of vehicle production. In financial year 2024, the total production volume of vehicles in India was around 28.43 million units, which was an increase from the previous year. In 2020, the production value contracted the first time during the presented period. This was partially due to the introduction of the new Bharat Stage VI (BS-VI) emissions standards from April 1, 2020, and overall scaled down production to lower stock of the old BS-IV vehicles. Further decline in production was contributed by the coronavirus pandemic in India. Two-wheeler industry in IndiaTwo-wheelers have been the predominant vehicle type produced in India and also made up the majority of automobiles sold domestically. Two-wheelers in India are divided into three subcategories, namely, motorcycles, scooters, and mopeds. Hero MotoCorp had the highest market share in this segment, occupying more than one third of the market. The company was also the world’s largest manufacturer of two-wheel vehicles. The future growth point of this sector is expected to be electric scooters and motorcycles and many leading manufacturers have already started producing electric vehicles. Bharat Stage VI emission standardsThe new emission standards were first introduced in 2016 by the Indian government. India was the first country to skip BS-V altogether and start with a higher stage of standards. Within just four years, India turned the challenge into an opportunity and completed the transition of fuel and vehicles complying with the BS-VI standards. Combining with a scrappage program, BS-VI standards could significantly improve the air quality and public health in India.

在车辆生产领域，印度世界领先。在财务年度2024，印度车辆的总生产量约为2843万辆，较上一年有所增长。2020年，在所呈现的期间内，生产价值首次出现收缩。部分原因在于2020年4月1日起引入的新印度排放标准BS-VI（BS-VI），以及整体降低旧BS-IV车辆库存的生产调整。印度新冠疫情的爆发进一步导致了生产的下降。印度的两轮车产业两轮车一直是印度生产的主要车型，同时也占据了国内汽车销售的多数。印度的两轮车分为三个子类别，即摩托车、踏板车和助力车。Hero MotoCorp在该领域拥有最高的市场份额，占据了超过三分之一的份额。该公司也是世界上最大的两轮车制造商。该行业的未来增长点预计将是电动摩托车和电动踏板车，许多领先的制造商已经开始了电动汽车的生产。BS-VI排放标准新的排放标准首次于2016年由印度政府引入。印度是第一个跳过BS-V阶段，直接开始实施更高标准阶段的国家。在短短四年内，印度将挑战转化为机遇，完成了符合BS-VI标准的燃料和车辆的过渡。结合报废计划，BS-VI标准有望显著改善印度的空气质量及公共卫生。