India

Commercial vehicle registrations and market share in India, January–November 2026

India recorded 1,194,875 commercial vehicle registrations in January–November 2026. Tata Motors led the market with 29.43% share from 351,593 registrations. Mahindra and Ashok Leyland followed at 23.94% and 15.47%.

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Market share, January–November 2026

ManufacturerRegistrationsShare
Tata Motors351,59329.43%
Mahindra286,08823.94%
Ashok Leyland184,90415.47%
VECV84,4837.07%
Maruti Suzuki39,0443.27%
BharatBenz21,3421.79%
Force Motors17,3851.45%
Euler7,1110.60%
Isuzu2,8550.24%
Others200,07016.74%

Top 9 manufacturers; remainder grouped as Others. · Updated 04 Nov 2026

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Method

Figures are vehicle registrations recorded by RTOs reporting to the VAHAN dashboard of the Ministry of Road Transport & Highways, not manufacturer dispatches. VAHAN restates past months as late registrations sync, so totals can rise for some weeks after a month closes. Updated daily at 05:00 IST. Data notes