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AMP 2026: Two-Wheelers Drive India's Auto Volume Targets

Updated: Nov 26, 2025

  • Two-Wheelers Dominate Volume: The Two-Wheeler (2W) segment has the overwhelmingly highest volume target, projected at 53.05 Million Units, indicating it is the largest segment by volume in the forecast.

  • Passenger Vehicles are Second: The Passenger Vehicles (PV) segment is the second-largest, with a midpoint volume target of 11.40 Million Units.

  • Commercial Vehicles are the Smallest Segment: The Commercial Vehicles (CV) segment is projected to have the smallest volume of the three, with a target of 2.95 Million Units.

  • Targets Represent Midpoint: All listed figures (53.05, 11.40, and 2.95) are the midpoints of their respective forecast ranges, which are also provided on the chart for each segment.

 
 
 

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