Japanese and Korean carmakers like Maruti, Hyundai and Kia witnessed a decline in market share, while Indian companies like Tata and Mahindra witnessed a growth.
Maruti Suzuki India s March sales grew by 10% to 1,87,196 units. The company achieved a milestone in annual sales, highest yearly domestic sales, and record exports. FY24 showed growth in total sales, domestic passenger vehicle sales, and exports.