Automobile sales grow by 25% in India according to the 2024 auto sales report
Regarding passenger vehicles sales amounted to 335,629 units in April 2024. While the growth rate was modest at 1.3% compared to April 2023 this sector continued to be a contributor to the sales numbers. However, it was the motorcycle segment that predominantly fueled the growth observed in the industry. Motorcycle sales surged by 31% with 1,751,393 units sold in April 2024—an appreciable rise, from the 1,338,588 units sold during the same timeframe last year.