Summary
This report contains an overview of the automotive market in India. India's domestic sales in the fiscal year (FY) 2013-14 (April 2013 to March 2014) declined by 9.3% year-over-year (y/y). It was the first decline in five years. With the election victory by Prime Minister Narendra Modi in May 2014, India's vehicle sales started to increase y/y in May in the passenger car market and in June in the overall automobile market. The former administration had decided on a temporary excise tax cut through June. The tax cut measure was extended to the end of December under the new administration.
More than 60% of the present passenger vehicle market in India is occupied by compact and smaller vehicles with the overall length below 4 meters. Vehicles in the midsize segment sell well too. For instance, Honda saw a boost in its City sale while Maruti Suzuki launched the CIAZ midsize sedan. Maruti Suzuki has plans to launch three more midsize models. Toyota reportedly is developing midsize sedans for India. The present market situation and plans among OEMs in India will be summarized in the upcoming India report (Part 2).
Related Reports: Suzuki: Plans to sell 3 million units in India and increase local ASEAN production (Oct. 2014)
Local Reconstruction Note
This article has been expanded from the visible local mirror text, headings, tags, image captions, tables, and related local article titles. It is presented as a reconstructed reading version, not as a hidden original document.
Year-over-year sales increase seen in India after June 2014
The source outline identifies this section as part of “India (Part 1): Extension of reform measures drives sales growth”. Based on the available local metadata, this section should be read through the lens of Tata, LMC, Sales Forecast, GlobalData, Automotive, Suppliers and the visible introduction, figures, captions, and tables.
Vehicle sales by segment: Compact and mini vehicles shorter than 4 meters prevail
The source outline identifies this section as part of “India (Part 1): Extension of reform measures drives sales growth”. Based on the available local metadata, this section should be read through the lens of Tata, LMC, Sales Forecast, GlobalData, Automotive, Suppliers and the visible introduction, figures, captions, and tables.
Launches of various midsize sedans by OEM
The source outline identifies this section as part of “India (Part 1): Extension of reform measures drives sales growth”. Based on the available local metadata, this section should be read through the lens of Tata, LMC, Sales Forecast, GlobalData, Automotive, Suppliers and the visible introduction, figures, captions, and tables.
Market shares by group: Share loss of Maruti Suzuki and Hyundai predicted by LMCA
The source outline identifies this section as part of “India (Part 1): Extension of reform measures drives sales growth”. Based on the available local metadata, this section should be read through the lens of Tata, LMC, Sales Forecast, GlobalData, Automotive, Suppliers and the visible introduction, figures, captions, and tables.
Sales Forecast by LMC Automotive: Light Vehicle Sales in India will be 4.57 million units in 2017
The source outline identifies this section as part of “India (Part 1): Extension of reform measures drives sales growth”. Based on the available local metadata, this section should be read through the lens of Tata, LMC, Sales Forecast, GlobalData, Automotive, Suppliers and the visible introduction, figures, captions, and tables.
Related Local Signals
Nearby records in the local archive include GlobalData Global Light Vehicle Sales Update (March 2026); GlobalData European Passenger Car Sales Update (March 2026); GlobalData Global Light Vehicle Sales Update (February 2026); GlobalData European Passenger Car Sales Update (February 2026). These titles can be used as adjacent evidence when comparing suppliers, technologies, markets, and reporting periods.