Sales of LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) fell by 8.5% to 127,213 units in Q3 of FY 2021/22 from 139,041 units in same period of FY 2020/21.

Tractor sales grew by 70.7% during the third quarter (October to December) during financial year 2021-22 (Q3:21/22 to register 6,910 units compared with 4,049 units in the same quarter of the previous year (FY20/21), with the heavy weight tractor segment being the main contributor to growth.

Domestic sales of buses (7.5t gvw and above) increased by a massie 110.8% in the third quarter (Q3: October to December) of the financial year 2021-22 to register 3,624 units, up from 1,719 units in Q3/2020-21.

Sales of light duty vehicles (7.5t & below) rose by 26.2% to register 3,535 units in Q3 (October to December) of FY 2021/22 from 2,801 units in Q3 of FY2020/21.

Sales of intermediate-, medium- and heavy-duty buses and coaches (7.5t gvw and above) in India increased by 171.2% in the second quarter (Q2: July to September) of fiscal year 2021-22, registering 1,730 units compared with just 638 units in Q2 of FY 2020-21.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India enjoyed robust growth of 102.2% in Q2 of FY2021-22 to register 46,019 units compared with  from 22,764 units in same quarter of the year 2020-21. Export sales of rigid trucks was also spectacularly up during the period by 221.4% to 6,084 units in the second quarter of FY 2021-22 from 1,893 units in the same quarter of the previous year.

The erratic behaviour of tractor sales in India continued during the second quarter of FY 2021-22 with sales growth of 397% to register 5,710 units compared with 1,149 units in the same quarter of the previous year (FY 2020-21). Tractor production increased by 467.2% overall from 1,046 units to 5,933 units and export sales up by 1115% to 243 units (20).

Despite second quarter sales in the light truck segment remaining flat, half year sales of  LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) grew by 36.7% to 179,929 units in first half of FY 2021-22, up from 131,582 units in same period of FY 2020-21. Export sales enjoyed robust growth of 176.7% to 24,445 units, helping to help boost production of light trucks by 57.4% to more than 210,000 units (135,021).

Sales of light duty vehicles (7.5t &below) in the first half of FY 2021-22 surged by 105.1% to register 9,485 units, up from 4,625 units first half of FY 2020-21. Production increased by 67.2% from 5,980 units to 9,999 units, exports were up by 49.7% from 539 units to 807 units.

Sales of buses and coaches (7.5t gvw and above) in India increased by 227.8% in the first half of the fiscal year 2021-22 to register 2,816 units compared 859 units in first half of FY 2020-21. Total exports also increased, by 83.3%, in the first half of FY 2021-22 to record 2,159 units, up from 1,178 units in the first half of FY 2020-21. Total bus production increased too in the half year of FY 2020-21 to 4,655, a gain of 131.0%.

Positive sales of medium and heavy rigid trucks (7.5t gvw and above) in India of the first quarter continued into the second, realising growth of 165.8% in the first half (1H) of FY2021-22 to register 70,917 units compared with 26,677 units in same period of 2020-21.

Tractor sales in India increased by 526.5% during the half of FY 2021-22 to register 8,884 units compared with 1,418 units in the same period of the previous year (1H/FY 2020-21). Tractor production increased by 595.6% overall from 1,384 units to 9,627 units and export sales up by 1161.8%.