India saw vehicle retail sales increase by at least 9 per cent in 2024 to cross 26 million units. It is due to rise in private consumption and disposable incomes. It surpassed the pre-Covid peak of 25.4 million units in a single year in 2018.

Industry experts said that the key aspects to watch out for in 2025 will be the government’s focus on infrastructure spend and growth in end-use segments, which will augur well for the commercial vehicles industry.