Number of ICE Vehicles Registered in India

The overall vehicle registrations till CY24 is 382.19 million. The two-wheeler 2W segment dominates, with 283.42 million registrations, representing 74.08% of the total registered vehicles. Three-wheelers (3W) account for 3.14%, with 11.90 million registrations, while four-wheelers (4W) contribute 14.39%, amounting to 55.49 million registrations. The remaining 8.12% is comprised of other vehicle ambulance, construction equipment vehicle, goods vehicle, public service vehicle, special category vehicle, tractor and trailer) with 31.38 million registrations. Amidst the overall increase in domestic automobile registrations, it is projected that this number will grow by 9% to 11% by the end of FY31