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FabTrucks
Jun 8, 2025
đ Leading CV Brands â Market Share (Recent Data)
đ Trends & Observations
1. Tata Motors consistently leads (31â34%) across 2024â25 .
2. Mahindra quickly gained ground (+16â20% YoY in some months), now holds ~27% .
3. Ashok Leyland remains a steady #3 (~16â17%) .
4. Other players (VE, Maruti, BharatBenz, etc.) occupy niche segments but their combined share is significant in specific segments .
5. Total annual CV sales for India reached 1,004,856 units in 2024 .
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