Car market share in India, 2025 : An overview
Maruti Suzuki dominates the car market in India with a 42% market share, while Hyundai and Tata Motors are in a close race for the second position.
The Indian automotive industry continues to grow rapidly which makes India the 3rd largest country globally in terms of automobile sales and the 4th largest in automobile production.
Indian car market is largely dominated by Japanese brands like Suzuki, Indian brands like TATA Motors and Mahindra and Korean brands like Hyundai and Kia.
Read Also: Top selling cars in India: 2024
Top 5 Car Manufacturer
As per 2024 sales data following are top 5 companies by number of car sales.
- Maruti Suzuki
- Hyundai
- TATA Motors
- Mahindra
- Toyota
In 2024, Maruti Suzuki, Tata Motors, Hyundai, and Mahindra together held 80% of India’s car market share. The remaining 20% was divided among 10 other companies, showing the strong influence of these top brands in the market.
Car market share in India (2024)
- Maruti Suzuki is the only car company with market share above 40%.
- 3 brands, Hyundai, TATA and Mahindra has similar market share ranging from 10% to 15%.
- Toyota and Kia has market share between 5 to 10%.
- Bottom 7 companies has market share of 1% each.
List of Car companies by Market share
| Rank | OEM/Brand | 2023(% Market share) | 2024(% Market share) |
|---|---|---|---|
| 1 | Maruti | 42 | 41 |
| 2 | Hyundai | 15 | 14 |
| 3 | Tata | 13 | 13 |
| 4 | Mahindra | 11 | 12 |
| 5 | Toyota | 5 | 7 |
| 6 | Kia | 6 | 6 |
| 7 | Honda | 2 | 2 |
| 8 | MG | 1 | 1 |
| 9 | Volkswagen | 1 | 1 |
| 10 | Renault | 1 | 1 |
| 11 | Skoda | 1 | 1 |
| 12 | Nissan | 1 | 1 |
| 13 | Citroen | <1 | <1 |
| 14 | Jeep | <1 | <1 |
