Car market share in India, 2025 : An overview

Last Updated on 24th nov 2025.

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.

Quick Takeaways

  • Maruti Suzuki dominates the car market in India with a 41% market share.
  • Mahindra has strengthened its position due to strong SUV demand.
  • Hyundai has slipped from 2nd in 2024 to 3rd in first half of 2025.
  • In 2024, Maruti Suzuki, Tata Motors, Hyundai, and Mahindra together held 80% of India’s car market share.

Car market share in India (2024)

Pie chart of car market share
Car Market share

Quick Analysis

  • 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

RankOEM/Brand2024(% Market
share)
H1 2025 (% Market
share)
1Maruti41%40%
2Mahindra12%14%
3Hyundai14%13%
4Tata13%12%
5Toyota7%7%
6Kia6%6%
7Skoda1%1.70%
8Honda2%1.50%
9MG1%1.40%
10Volkswagen1%0.90%
11Renault1%0.70%
12Nissan1%0.50%
13Citroen0%0.10%
14Jeep0%0.10%

Top 5 Car Manufacturer:

As per 2024 sales data following are top 5 companies by number of car sales.

  1. Maruti Suzuki
  2. Mahindra
  3. TATA Motors
  4. Mahindra
  5. Toyota

Maruti Suzuki

Maruti Suzuki remains the largest car manufacturer in India in 2025. However, its market share has gradually declined from earlier peaks as competition intensifies. The company continues to dominate the hatchback and entry-level sedan segments.

Mahindra

Mahindra has emerged as one of the fastest growing car manufacturers in India. Its strong focus on SUVs such as the Scorpio -N, Thar, and XUV series like XUV 700 has resonated with Indian consumers. In 2025, Mahindra holds a second position. brand has launche new EV lineup as XEV.

Hyundai

Hyundai continues to perform consistently in India, supported by popular models across hatchback, sedan, and SUV segments. Its balanced portfolio and strong urban presence allow it to retain a significant share of the Indian car market in 2025. Its market share has been reducing in last few years.

Tata Motors

Tata Motors maintains a strong presence in both ICE and electric vehicles. The brand’s EV lineup has helped it secure a leadership position in India’s electric passenger car segment, while models like Nexon and Punch support its overall market share. it has recently launched mid SUV Sierra.

Toyota

Toyota’s market share remains moderate but stable. Its focus on hybrid technology, reliability, and partnership based product strategies contributes to steady sales volumes rather than aggressive expansion.

Who has the highest car market share in India in 2025?

Maruti Suzuki with more then 40% of market share.

Which company is growing fastest in India’s car market?

Mahindra and TATA motors are among the fastest growing with their EV lineup.

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