Overview of India’s Automotive Sector
India’s automobile industry remains a critical driver of economic growth, reflecting the nation’s manufacturing prowess and evolving consumer demands. As the world’s:
- #1 tractor manufacturer
- #2 bus producer
- #3 heavy truck maker
India continues to strengthen its position as a global automotive hub. The government’s Automotive Mission Plan 2026, PLI Scheme, and Vehicle Scrappage Policy are accelerating this growth by promoting sustainable mobility and export competitiveness.
May 2025 Auto Sales: Segment-Wise Performance
Passenger Vehicles (PV) Segment
| Company | May 2025 Sales | May 2024 Sales | YoY Growth |
|---|---|---|---|
| Maruti Suzuki | 1,80,077 | 1,74,551 | +3.17% |
| Mahindra & Mahindra | 84,110 | 71,682 | +17% |
| Hyundai Motor India | 58,701 | – | – |
| Tata Motors | 70,187 | 76,766 | -8.57% |
Key Takeaways:
- Maruti Suzuki maintains market leadership with 3.17% YoY growth.
- Mahindra records strong 17% growth in UV segment.
- Tata Motors sees a decline due to supply chain adjustments.
Two-Wheeler Segment
| Company | May 2025 Sales | May 2024 Sales | YoY Growth |
|---|---|---|---|
| Hero MotoCorp | 5,07,701 | 4,98,123 | +2% |
| TVS Motor | 4,31,275 | 3,69,914 | +17% |
| Bajaj Auto | 3,84,621 | 3,55,323 | +8% |
| Royal Enfield | 89,429 | 71,010 | +26% |
Key Takeaways:
- TVS & Royal Enfield lead growth with 17% & 26% surge.
- Hero MotoCorp remains India’s top-selling two-wheeler brand.
Commercial Vehicles (CV) Segment
| Company | May 2025 Sales | May 2024 Sales | YoY Growth |
|---|---|---|---|
| Ashok Leyland | 14,534 | 13,852 | +5% |
| Eicher Motors | 7,402 | 6,901 | +7.3% |
| Escorts Kubota | 10,354 | 10,286 | +0.7% |
Key Takeaways:
- Ashok Leyland & Eicher show steady growth in trucks & buses.
- Tractor demand expected to rise with monsoon arrival.
Key Insights from May 2025 Sales
- Maruti Suzuki Dominates PV Market
- Domestic sales: 1,38,690 units
- Exports surge to 31,219 units
- Mahindra’s SUV Success
- 21% growth in utility vehicles (52,431 units).
- TVS Motor’s Strong Two-Wheeler Demand
- 16% YoY growth (4,16,166 units sold).
- Tractor Market Awaits Monsoon Boost
- Escorts Kubota reports mild decline, but rural demand expected to recover.
Future Outlook for Indian Auto Industry
✅ EV & Hybrid Push – PLI scheme boosting local manufacturing.
✅ Export Growth – India emerging as a key auto exporter.
✅ Rural Demand Revival – Monsoon to drive tractor & two-wheeler sales.
Conclusion
The May 2025 auto sales data reflects steady growth in passenger vehicles and two-wheelers, while commercial vehicles show resilience. With government support and rising consumer confidence, India’s auto sector is poised for a strong FY2025-26.
Which segment do you think will grow the fastest? Share your thoughts in the comments!
