[New Publication] Analysis of the Indian Passenger Car Market and Outlook for 2035 | Explanation of New Car Market Size, Growth Factors, and Long-term Forecast
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For companies considering the Indian market as their next growth axis, understanding the realities of the passenger car new vehicle market and medium- to long-term forecasts is essential.
The Indian passenger car new vehicle market (including sedans, hatchbacks, SUVs, MPVs, and light commercial vans) is expected to expand to 4.27 million units in 2024, a 4.2% increase from the previous year. Although the momentum slowed in 2025, the market continued to grow steadily, with 2.173 million units sold in the first half of the year, a 0.6% increase compared to the same period last year. Contributing factors include government deregulation, the expansion of the middle class, and increased use of auto loans.
FOURIN has decided to publish a market analysis report titled "Analysis of the Indian Passenger Car Market and Outlook for 2035," which provides a detailed forecast of market size up to 2035, growth potential by major segments, and an outlook on power unit composition, including electric and alternative fuel vehicles, in anticipation of future growth in the Indian market. This report consolidates essential information for understanding industry trends and formulating business strategies, including long-term forecasts and growth driver analysis for the passenger car market.
Additionally, the report includes options for Q&A sessions and presentation meetings with the author. Furthermore, it is available at a special pre-order price until its publication in February 2026. We encourage you to make your reservation early.
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