Commercial Vehicle Sales H2 FY 2024-25: Tata Motors Leads, 5,15,016 Units, Up 0.8% YoY

India's commercial-vehicle market registered 5,15,016 commercial vehicles in H2 FY 2024-25. Volumes barely moved (+0.8%) against the 5,10,839 logged over the same 6 months of H2 FY 2023-24.

January was the strongest month of the period at 96,618 commercial vehicles and December the quietest at 69,465, an average of 85,836 a month. 3 of those 6 months grew on the same month a year earlier.

ஜனவரியில் புத்தாண்டு பதிவு நெருக்கடி அதிகம் — டிசம்பர் இறுதியில் டெலிவரி எடுத்த வாங்குநர்கள் பெரும்பாலும் முதல் வாரத்தில் பதிவு செய்கின்றனர்.

H2 FY 2024-25 ran from October 2024 to March 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of H2 FY 2023-24.

Commercial vehicles accounted for 3.5% of everything registered in India over the period, down from 3.7% in H2 FY 2023-24. The whole market ran to 1,48,06,134 vehicles over the same window, up 6.2% year on year.

Tata Motors led the period with 1,69,465 registrations, down 7.6% on H2 FY 2023-24. Mahindra follows on 1,38,382, 31,083 behind — a gap of 1.22x.

The fastest riser in the top 8 was Maruti Suzuki, up 16.7% to 22,457, while Tata Motors was down 7.6% at 1,69,465.

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 H2 FY 2024-25. 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 H2 FY 2024-25: +0.8% against +6.2% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 6 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 full-year 2025 rather than H2 FY 2024-25 alone — it is exact for that window.

Diesel accounts for 81.0% of commercial vehicle registrations over full-year 2025, with battery-electric at 1.6%.

Across the 2 completed windows in our Vahan record, commercial vehicle registrations went from 5,15,016 in H2 FY 2024-25 to 6,18,147 in H2 FY 2025-26, up 20.0% over the stretch.

H2 FY 2026-27 is still running — 1 of its 6 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.