India

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

India recorded 1,023,686 commercial vehicle registrations in January–September 2026. Tata Motors led the market with 28.55% share from 292,221 registrations. Mahindra and Ashok Leyland followed at 23.20% and 14.98%.

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Market share, January–September 2026

ManufacturerRegistrationsShare
Tata Motors292,22128.55%
Mahindra237,51523.20%
Ashok Leyland153,33514.98%
VECV70,5266.89%
Maruti Suzuki32,6293.19%
BharatBenz17,9711.76%
Force Motors14,4921.42%
Euler5,1230.50%
Isuzu2,5340.25%
Others197,34019.28%

Top 9 manufacturers; remainder grouped as Others. · Updated 18 Sep 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