Indian Automobile Manufacturers Experience Exponential Sales Growth in 2023

Indian automobile manufacturers have witnessed an unprecedented surge in sales in 2023. Companies like Tata, Mahindra, Hyundai, Toyota, Maruti Suzuki, and others have achieved record-breaking sales figures in the month of October. This remarkable increase in sales indicates that India’s automobile industry is making an impressive comeback, exceeding even pre-pandemic levels.

One notable trend in the Indian automobile market is the surge in sales of electric vehicles (EVs). Despite the growing demand for electric cars in the country, sales of conventional petrol and diesel engine cars remain robust.

Here we take a closer look at the top-selling vehicles in their respective fuel-type categories:

Maruti Suzuki Swift – Dominating the Petrol Segment

The petrol variant of the Maruti Suzuki Swift emerged as the best-selling vehicle in its fuel-type category. Maruti Suzuki sold an impressive 138,571 units of the petrol Swift hatchback, accounting for 7% of all petrol engine car sales in the country. Previously available with a diesel engine as well, the Swift has now been adapted to meet the BS6 regulations implemented in 2020. Additionally, the Swift offers a CNG fuel-type option, further expanding its appeal to a wider audience.

Mahindra Bolero – Reigning Supreme in the Diesel Category

The Mahindra Bolero, one of the oldest SUVs in India, continues to dominate the diesel fuel-type category. Its sales figures from January to September 2023 reached an impressive 81,334 units, constituting a significant 16% share of all diesel cars sold in the country. The Bolero’s enduring popularity can be attributed to its robust performance and reliability.

Maruti Suzuki WagonR – Leading the CNG Segment

Maruti Suzuki, known for its CNG offerings, has established its dominance in the CNG cars segment in India. In addition to the Swift’s success in the petrol category, Maruti Suzuki’s WagonR has emerged as the top choice in the CNG fuel-type category. The manufacturer sold a total of 66,406 units of the CNG-powered WagonR, accounting for an impressive 17% share of total car sales in the CNG segment.

Tata Tiago EV – Capturing the Electric Segment

The Tata Tiago EV, launched in India in 2022, has swiftly gained momentum in the electric vehicle market. Within a year of its launch, the Tiago EV has achieved remarkable success, capturing a substantial 41% share of the EV segment. Tata sold a total of 29,237 units of the Tiago EV in the first three quarters of 2023, solidifying its position as a key player in India’s electric vehicle market.

Toyota Innova Hycross – Leading the Hybrid Segment

The Toyota Innova Hycross takes the crown as the best-selling car in the hybrid fuel-type category. Despite being one of the pricier hybrid vehicles available in India, the Innova Hycross has managed to dominate the hybrid segment due to its exceptional performance and other noteworthy features. Sales of the Innova Hycross accounted for an impressive 44% of the strong hybrid segment in India.

As India’s automobile industry continues to evolve and adapt to emerging trends and innovations, these top-selling vehicles signify the growing diversity and preferences of Indian consumers.


1. Which Indian automobile manufacturers experienced remarkable sales growth in 2023?

Indian automobile manufacturers such as Tata, Mahindra, Hyundai, Toyota, Maruti Suzuki, and others witnessed astounding sales growth in 2023.

2. How has the Indian automobile industry performed compared to pre-COVID times?

India’s automobile industry has shown a remarkable recovery and is potentially performing even better than pre-COVID times.

3. What is the current trend in the sales of electric vehicles in India?

While there is a growing demand for electric cars in the country, sales of conventional petrol and diesel engine cars still remain high.

4. Which vehicle dominated the petrol fuel-type category?

The Maruti Suzuki Swift emerged as the best-selling vehicle in the petrol fuel-type category.

5. What is the leading car in the diesel fuel-type category?

The Mahindra Bolero continues to reign supreme in the diesel fuel-type category, with impressive sales figures.

6. Which company has a stronghold in the CNG cars segment in India?

Maruti Suzuki is known for its CNG offerings and has established dominance in the CNG cars segment.

7. What is the top-selling electric vehicle in India?

The Tata Tiago EV has captured a significant share of the electric vehicle market and is currently the top-selling electric vehicle in India.

8. Which hybrid car leads the hybrid fuel-type category in India?

The Toyota Innova Hycross holds the top spot in the hybrid fuel-type category of cars in India.