India logs 9.1% jump in automobile sales in 2024 with growth in most segments

Retail automobile sales in India increased by 9.1 percent in 2024, reaching 2.61 crore units. Growth was seen across two-wheelers, three-wheelers, passenger vehicles, and tractors, while commercial vehicles remained flat. Despite challenges, overall market optimism remains high for 2025, driven by strategic OEM support and policy clarity. The automobile industry aims for a robust 2025.