India Automotive Aftermarket: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamic

Krajput09 Apr, 2025News

The India automotive aftermarket is currently experiencing strong growth, thanks to the country's vehicle parc reaching 340 million, and expected to grow steadily at a compound annual growth rate of over 8% in the next five years, the market presents substantial opportunities. The Two-Wheelers and Passenger Vehicles segments are expected to witness significant growth, with projections indicating an increase from 257 to 365 million units and from around 47 to over 72 million units respectively over the next five years.