Commercial Vehicle Sales FY 2025-26: Tata Motors Leads, 10,93,316 Units, Up 11.3% YoY

India's commercial-vehicle market registered 10,93,316 commercial vehicles in FY 2025-26. Volumes rose 11.3% against the 9,81,904 logged over the same 12 months of FY 2024-25.

October was the strongest month of the period at 1,12,063 commercial vehicles and September the quietest at 74,462, an average of 91,110 a month. 9 of those 12 months grew on the same month a year earlier.

FY 2025-26 ran from April 2025 to March 2026 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of FY 2024-25.

Commercial vehicles accounted for 3.5% of everything registered in India over the period, down from 3.6% in FY 2024-25. The whole market ran to 3,08,42,426 vehicles over the same window, up 13.2% year on year.

Tata Motors led the period with 3,58,091 registrations, up 7.1% on FY 2024-25. Mahindra follows on 2,87,402, 70,689 behind — a gap of 1.25x.

The fastest riser in the top 8 was Mahindra, up 15.9% to 2,87,402.

Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's commercial vehicle volume over FY 2025-26. Companies that file electric models under a maker of their own appear as separate rows.

Set against the rest of the market, commercial vehicles lagged the national picture over FY 2025-26: +11.3% against +13.2% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 12 மாதக் காலத்தில் உள்ளடக்குகிறது; அதனால் ஒப்பீடு நேருக்கு நேர் — இரு பக்கமும் ஒரே மாதங்கள், ஒரே மூலம்.

Vahan splits a segment by fuel only across a whole calendar year, so this table covers 2026 year to date rather than FY 2025-26 alone — it is exact for that window.

Diesel accounts for 80.4% of commercial vehicle registrations over 2026 year to date, with battery-electric at 3.2%.

Across the 2 completed windows in our Vahan record, commercial vehicle registrations went from 9,81,904 in FY 2024-25 to 10,93,316 in FY 2025-26, up 11.3% over the stretch.

FY 2026-27 is still running — 7 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.