Vehicle registrations in India, financial year 2023–24
India registered 2.45 crore vehicles in financial year 2023–24, 10.3% more than in financial year 2022–23. About 1 in 14 was electric (7.1%, up from 5.5%).
Source: Vahan, the government’s vehicle registration system (Ministry of Road Transport & Highways). Updated 11 November 2026; complete months to October 2026. November 2026 is still being counted and is not included.
- Vehicles registered, FY 2023–24
- 2.45 crore (2,45,05,331)
- vs FY 2022–23
- +10.3%, from 2.22 crore
- Electric share
- 7.1%, up from 5.5% a year earlier
How many of each vehicle type were registered in India in FY 2023–24?
Two-wheelers were 74.2% of all registrations in India in financial year 2023–24. Three-wheelers grew fastest, up 48.1% on a year earlier.
| Vehicle type | Registrations | vs last year | Share of all vehicles | Electric share | Electric share last year |
|---|---|---|---|---|---|
| Two-wheelers | 1.82 crore (1,81,93,384) | +9.3% | 74.2% | 5.5% | 4.6% |
| Three-wheelers | 12.1 lakh (12,08,961) | +48.1% | 4.9% | 52.5% | 49.8% |
| Cars & SUVs | 41.0 lakh (40,95,232) | +7.9% | 16.7% | 2.4% | 1.3% |
| Trucks & buses | 10.1 lakh (10,07,754) | +4.8% | 4.1% | 0.9% | 0.3% |
– means too few registrations for a fair figure: under 200 a year earlier for a change, or under 1,000 for an electric share.
Which brands led each vehicle type in India in FY 2023–24?
Brands are ranked within each vehicle type, never across types.
Two-wheelers
Hero MotoCorp had 30.2% of two-wheeler registrations in India in financial year 2023–24. Of the brands with at least 2% of two-wheeler registrations and at least 1,000 in financial year 2022–23, Bajaj Auto grew fastest, up 23.8%.
| Brand | Registrations | Share of two-wheelers | vs last year | Electric share of its registrations |
|---|---|---|---|---|
| 1. Hero MotoCorp | 54.9 lakh (54,92,608) | 30.2% | +5.3% | 0.3% |
| 2. Honda Motorcycle | 43.3 lakh (43,31,388) | 23.8% | +2.5% | 0.0% |
| 3. TVS Motor | 30.7 lakh (30,66,109) | 16.9% | +19.4% | 6.4% |
| 4. Bajaj Auto | 22.1 lakh (22,09,704) | 12.1% | +23.8% | 5.1% |
| 5. Suzuki Motorcycle | 8.89 lakh (8,88,796) | 4.9% | +23.6% | 0.0% |
| 6. Royal Enfield | 8.18 lakh (8,17,695) | 4.5% | +12.1% | <0.1% |
| 7. Yamaha | 6.27 lakh (6,26,919) | 3.4% | +8.6% | 0.0% |
| 8. Ola Electric | 3.45 lakh (3,44,692) | 1.9% | +114% | 100.0% |
Three-wheelers
Bajaj Auto had 37.6% of three-wheeler registrations in India in financial year 2023–24. It also grew fastest of the brands with at least 2% of these registrations and at least 1,000 in financial year 2022–23: up 57.6%.
| Brand | Registrations | Share of three-wheelers | vs last year | Electric share of its registrations |
|---|---|---|---|---|
| 1. Bajaj Auto | 4.55 lakh (4,54,615) | 37.6% | +57.6% | 2.4% |
| 2. Piaggio | 99,077 | 8.2% | +35.4% | 25.6% |
| 3. Mahindra | 71,355 | 5.9% | +43.7% | 86.1% |
| 4. YC Electric | 42,744 | 3.5% | +33.8% | 100.0% |
| 5. Saera Electric | 30,121 | 2.5% | +35.3% | 100.0% |
| 6. Dilli Electric | 26,175 | 2.2% | +54.3% | 100.0% |
| 7. Atul Auto | 22,785 | 1.9% | +10.0% | 26.3% |
| 8. TVS Motor | 19,404 | 1.6% | +30.0% | 0.7% |
Cars & SUVs
Maruti Suzuki had 41.0% of car & SUV registrations in India in financial year 2023–24. Of the brands with at least 2% of car & SUV registrations and at least 1,000 in financial year 2022–23, Mahindra grew fastest, up 31.4%.
| Brand | Registrations | Share of cars & SUVs | vs last year | Electric share of its registrations |
|---|---|---|---|---|
| 1. Maruti Suzuki | 16.8 lakh (16,80,190) | 41.0% | +7.5% | 0.0% |
| 2. Hyundai | 5.88 lakh (5,88,267) | 14.4% | +6.5% | 0.3% |
| 3. Tata Motors | 5.58 lakh (5,58,499) | 13.6% | +8.6% | 12.2% |
| 4. Mahindra | 4.40 lakh (4,40,411) | 10.8% | +31.4% | 1.5% |
| 5. Kia | 2.40 lakh (2,39,947) | 5.9% | −5.1% | 0.2% |
| 6. Toyota | 2.16 lakh (2,15,981) | 5.3% | +30.8% | 0.0% |
| 7. Skoda-VW | 93,805 | 2.3% | −0.8% | 0.0% |
| 8. Honda Cars | 83,343 | 2.0% | −4.7% | 0.0% |
Trucks & buses
Tata Motors had 37.2% of truck & bus registrations in India in financial year 2023–24. Of the brands with at least 2% of truck & bus registrations and at least 1,000 in financial year 2022–23, Force Motors grew fastest, up 46.4%.
| Brand | Registrations | Share of trucks & buses | vs last year | Electric share of its registrations |
|---|---|---|---|---|
| 1. Tata Motors | 3.75 lakh (3,74,835) | 37.2% | −2.9% | 1.5% |
| 2. Mahindra | 2.48 lakh (2,48,456) | 24.7% | +4.9% | 0.2% |
| 3. Ashok Leyland | 1.78 lakh (1,78,405) | 17.7% | +6.9% | 0.1% |
| 4. Eicher | 78,579 | 7.8% | +17.7% | 0.2% |
| 5. Maruti Suzuki | 43,828 | 4.3% | +2.6% | 0.0% |
| 6. Force Motors | 23,331 | 2.3% | +46.4% | 0.0% |
| 7. BharatBenz | 22,053 | 2.2% | +23.6% | 0.0% |
| 8. SML Mahindra | 11,909 | 1.2% | +19.4% | 0.0% |
– means too few registrations for a fair figure: under 200 a year earlier for a change, or under 1,000 for an electric share.
Which states registered the most vehicles in FY 2023–24?
In financial year 2023–24, among the 35 states and territories big enough to rank, electric share was highest in Goa (13.3%) and lowest in Sikkim (none). Vehicle registrations rose in 33 of 36 states and territories.
| State or territory | Registrations | Share of India’s total | vs last year | Electric share | Electric share last year |
|---|---|---|---|---|---|
| 1. Uttar Pradesh | 33.7 lakh (33,73,429) | 13.8% | +12.8% | 9.1% | 6.3% |
| 2. Maharashtra | 25.1 lakh (25,10,970) | 10.2% | +8.2% | 8.5% | 6.8% |
| 3. Tamil Nadu | 18.4 lakh (18,44,069) | 7.5% | +8.8% | 5.5% | 4.2% |
| 4. Karnataka | 17.4 lakh (17,43,361) | 7.1% | +14.9% | 9.8% | 7.5% |
| 5. Gujarat | 17.4 lakh (17,42,644) | 7.1% | +11.8% | 5.1% | 5.2% |
| 6. Rajasthan | 14.3 lakh (14,28,804) | 5.8% | +15.3% | 7.0% | 7.1% |
| 7. Madhya Pradesh | 14.1 lakh (14,07,176) | 5.7% | +7.0% | 5.5% | 3.4% |
| 8. Bihar | 12.7 lakh (12,74,096) | 5.2% | +13.5% | 7.6% | 5.6% |
| 9. West Bengal | 10.1 lakh (10,12,613) | 4.1% | +5.8% | 2.6% | 1.4% |
| 10. Telangana | 9.35 lakh (9,34,826) | 3.8% | +7.6% | 6.6% | 4.5% |
| 11. Andhra Pradesh | 8.65 lakh (8,64,622) | 3.5% | +8.3% | 4.2% | 4.0% |
| 12. Haryana | 8.29 lakh (8,29,063) | 3.4% | +14.0% | 4.1% | 3.9% |
| 13. Odisha | 7.54 lakh (7,53,715) | 3.1% | +18.9% | 6.9% | 5.1% |
| 14. Kerala | 7.42 lakh (7,41,526) | 3.0% | −5.9% | 10.9% | 6.6% |
| 15. Delhi | 6.70 lakh (6,69,784) | 2.7% | +5.1% | 11.8% | 10.5% |
| 16. Assam | 6.50 lakh (6,50,129) | 2.7% | +16.7% | 9.8% | 8.1% |
| 17. Punjab | 6.22 lakh (6,21,697) | 2.5% | +11.5% | 5.1% | 2.9% |
| 18. Chhattisgarh | 5.60 lakh (5,59,753) | 2.3% | +16.9% | 7.5% | 5.8% |
| 19. Jharkhand | 5.40 lakh (5,40,348) | 2.2% | +10.0% | 4.1% | 3.3% |
| 20. Uttarakhand | 2.55 lakh (2,54,877) | 1.0% | +8.0% | 6.8% | 7.1% |
| 21. Jammu & Kashmir | 1.67 lakh (1,66,569) | 0.7% | +3.5% | 7.0% | 3.5% |
| 22. Himachal Pradesh | 1.30 lakh (1,29,918) | 0.5% | +6.7% | 0.9% | 0.9% |
| 23. Goa | 82,370 | 0.3% | +8.4% | 13.3% | 9.5% |
| 24. Tripura | 60,184 | 0.2% | +15.8% | 12.6% | 8.4% |
| 25. Puducherry | 58,595 | 0.2% | +15.5% | 5.5% | 3.4% |
| 26. Chandigarh | 51,887 | 0.2% | +0.2% | 12.6% | 7.5% |
| 27. Meghalaya | 41,898 | 0.2% | +15.6% | 1.2% | 0.1% |
| 28. Arunachal Pradesh | 30,788 | 0.1% | +16.4% | 0.1% | <0.1% |
| 29. Mizoram | 30,076 | 0.1% | +11.8% | 0.9% | 0.2% |
| 30. Nagaland | 28,200 | 0.1% | +7.5% | <0.1% | <0.1% |
| 31. Dadra & Nagar Haveli and Daman & Diu | 23,150 | 0.1% | +22.4% | 0.9% | 0.9% |
| 32. Manipur | 19,655 | 0.1% | −63.2% | 1.4% | 1.0% |
| 33. Sikkim | 10,992 | <0.1% | +3.1% | 0.0% | 0.0% |
| 34. Andaman & Nicobar | 8,166 | <0.1% | +9.2% | 0.4% | 0.3% |
| 35. Ladakh | 4,694 | <0.1% | −15.1% | 0.9% | 0.6% |
| 36. Lakshadweep | 687 | <0.1% | +17.6% | – | – |
– means too few registrations for a fair figure: under 200 a year earlier for a change, or under 1,000 for an electric share.
How many vehicles did India register each month in FY 2023–24?
| Month | Registrations | vs same month last year | Electric share |
|---|---|---|---|
| March 2024 | 21.4 lakh (21,35,094) | +4.4% | 10.5% |
| February 2024 | 20.4 lakh (20,44,566) | +14.3% | 7.3% |
| January 2024 | 21.4 lakh (21,40,683) | +15.7% | 7.0% |
| December 2023 | 20.1 lakh (20,07,608) | +22.9% | 7.4% |
| November 2023 | 29.1 lakh (29,06,031) | +20.1% | 5.5% |
| October 2023 | 21.4 lakh (21,43,260) | −7.1% | 6.7% |
| September 2023 | 19.1 lakh (19,09,765) | +21.6% | 6.9% |
| August 2023 | 18.4 lakh (18,37,974) | +10.1% | 7.1% |
| July 2023 | 17.6 lakh (17,59,759) | +10.1% | 6.8% |
| June 2023 | 18.5 lakh (18,47,107) | +8.8% | 5.7% |
| May 2023 | 20.3 lakh (20,27,796) | +10.7% | 8.1% |
| April 2023 | 17.5 lakh (17,45,688) | −3.2% | 6.6% |
Registrations follow the festival calendar: the month of Diwali and the month after are usually the busiest of the year, and Diwali moves between October and November, so a month can look very different from the same month a year earlier. – means too few registrations for a fair figure: under 200 a year earlier for a change, or under 1,000 for an electric share.
About these figures
Are registrations the same as sales?
Not quite. A registration is a new vehicle registered at a transport office (RTO), usually within days of being bought, so registrations are the closest public count of retail sales. They differ from the factory dispatches (wholesale) that makers announce each month, which count vehicles sent to dealers.
How up to date are they?
Updated 11 November 2026. The figures cover every full month up to October 2026. November 2026 is still being counted, so it is left out of every total. Recent months can rise slightly for a few weeks as late registrations arrive.
Which vehicles are counted?
Two-wheelers: motorcycles, scooters and mopeds (bikes and scooters), including electric ones. Three-wheelers: auto-rickshaws for passengers and goods, and e-rickshaws. Cars & SUVs: cars, SUVs, MUVs and taxis: what the industry calls passenger vehicles (PV). Trucks & buses: goods carriers, buses, school buses, ambulances and other commercial vehicles (CV). Tractors, trailers and construction equipment are not counted (about 3% of all registrations).
More answers, including why FADA and company figures differ: how the figures are made.