Registered light commercial vehicles in India FY 2020, by major city

With the second largest road network in the world, road transportation has been the main way of commute for Indians. So much so that approximately one in every four Indians in the country owns a vehicle. At the end of fiscal year 2020, the country’s capital had around 278 thousand registered light commercial vehicles. Commercial vehicles Tata Motors dominated the domestic commercial vehicle market in India with a 37 percent share. The company also had the second leading share in terms of bus sales across the south Asian country. In 2021, around 569 thousand commercial vehicles were sold in India. Heavy trucks weighing over 25 metric tons, sold the maximum number of units among the different gross weight segments. Gaining momentum The growth in infrastructure projects combined with the BS VI standards release resulted in a pre-buying boost for the commercial vehicle sector. Due to the government’s payout to the contractors, the offtake in the commercial vehicle segment improved as well. The boost in the infrastructure projects over the coming months is likely to align well with the medium and heavy commercial vehicle segments.

我国拥有世界第二大公路网络，公路交通已成为印度民众通勤的主要方式。如此之甚，以至于在该国，每四名印度人中便有约一人拥有车辆。截至2020财年结束，首都地区注册的轻型商用车辆数量约为27.8万辆。塔塔汽车公司在印度国内商用车辆市场中占据主导地位，市场份额达到37%，同时，在包括南亚其他国家在内的巴士销售方面，该公司也位居第二。2021年，印度共售出约56.9万辆商用车辆，其中，超过25吨的重型卡车在各种总重段中销售数量最多。随着基础设施项目的增长以及BS VI排放标准的发布，商用车辆行业迎来了预购热潮。得益于政府对承包商的支付，商用车辆领域的需求也相应提高。预计未来几个月基础设施项目的增长将与中型和重型商用车辆市场良好对接。