Why 1 out of 4 Indians Choose Tata or Mahindra Cars?

Tata Motors and Mahindra & Mahindra are making significant strides in the Indian auto industry. These two manufacturers now capture a combined market share of 24.5% in FY24, marking an increase from 22.5% the previous year. This growth comes despite Maruti Suzuki maintaining its lead, albeit with a slight decline to 40.7% market share.

Tata Motors’ focus on electric vehicles (EVs) and compressed natural gas (CNG) vehicles, fueled by new launches and infrastructure advancements, is contributing to their rise. This trend indicates a growing consumer preference for alternative fuel options in the Indian market.