India Motor Vehicle Production

1997 - 2023 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers

Key information about India Motor Vehicle Production

  • India Motor Vehicle Production was reported at 5,851,507.000 Unit in Dec 2023.
  • This records an increase from the previous number of 5,457,242.000 Unit for Dec 2022.
  • India Motor Vehicle Production data is updated yearly, averaging 3,381,819.000 Unit from Dec 1997 to 2023, with 27 observations.
  • The data reached an all-time high of 5,851,507.000 Unit in 2023 and a record low of 535,433.000 Unit in 1998.
  • India Motor Vehicle Production data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
  • The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVP: Motor Vehicle Production: by Country.

View India's Motor Vehicle Production from 1997 to 2023 in the chart:

India Motor Vehicle Production

What was India's Motor Vehicle Production in 2023?

India Motor Vehicle Production was reported at 5,851,507.000 Unit in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5,851,507.000 2023 5,457,242.000 2022 535,433.000 1998 5,851,507.000 2023 Unit yearly 1997 - 2023

Motor Vehicle Production by Country Comparison

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country/region Last Frequency Range
Algeria (Unit) 2,456.000 2023 yearly 2014 - 2023
Argentina (Unit) 610,725.000 2023 yearly 1997 - 2023
Australia (Unit) 7,141.000 2023 yearly 1997 - 2023
Austria (Unit) 114,191.000 2023 yearly 1997 - 2023
Azerbaijan (Unit) 4,537.000 2023 yearly 2013 - 2023
Bangladesh (Unit) 580.000 2016 yearly 2014 - 2016
Belarus (Unit) 29,891.000 2021 yearly 1999 - 2021
Belgium (Unit) 332,103.000 2023 yearly 1997 - 2023
Botswana (Unit) 397.000 2006 yearly 1999 - 2006
Brazil (Unit) 2,324,838.000 2023 yearly 1997 - 2023
Canada (Unit) 1,553,026.000 2023 yearly 1997 - 2023
Chile (Unit) 4,700.000 2010 yearly 1999 - 2010
China (Unit) 30,160,966.000 2023 yearly 1997 - 2023
Colombia (Unit) 34,700.000 2023 yearly 1999 - 2023
Czech Republic (Unit) 1,404,501.000 2023 yearly 1997 - 2023
Ecuador (Unit) 2,700.000 2016 yearly 2000 - 2016
Egypt (Unit) 23,754.000 2020 yearly 1997 - 2020
Finland (Unit) 30,191.000 2023 yearly 1997 - 2023
France (Unit) 1,505,076.000 2023 yearly 1997 - 2023
Germany (Unit) 4,109,371.000 2023 yearly 1997 - 2023
Hungary (Unit) 507,225.000 2023 yearly 1997 - 2023
India (Unit) 5,851,507.000 2023 yearly 1997 - 2023
Indonesia (Unit) 1,395,717.000 2023 yearly 1997 - 2023
Iran (Unit) 1,188,471.000 2023 yearly 1999 - 2023
Italy (Unit) 880,085.000 2023 yearly 1997 - 2023
Japan (Unit) 8,997,440.000 2023 yearly 1997 - 2023
Kazakhstan (Unit) 146,989.000 2023 yearly 2013 - 2023
Kenya (Unit) 3,080.000 2013 yearly 1999 - 2013
South Korea (Unit) 4,243,597.000 2023 yearly 1997 - 2023
Malaysia (Unit) 774,600.000 2023 yearly 1997 - 2023
Mexico (Unit) 4,002,047.000 2023 yearly 1997 - 2023
Morocco (Unit) 535,825.000 2023 yearly 1999 - 2023
Myanmar (Unit) 1,475.000 2023 yearly 2019 - 2023
Netherlands (Unit) 123,379.000 2023 yearly 1997 - 2023
Nigeria (Unit) 2,040.000 2008 yearly 1999 - 2008
Pakistan (Unit) 79,513.000 2023 yearly 1999 - 2023
Philippines (Unit) 110,350.000 2023 yearly 1999 - 2023
Poland (Unit) 612,882.000 2023 yearly 1997 - 2023
Portugal (Unit) 318,231.000 2023 yearly 1997 - 2023
Romania (Unit) 513,050.000 2023 yearly 1997 - 2023
Russia (Unit) 729,864.000 2023 yearly 1997 - 2023
Serbia (Unit) 186.000 2023 yearly 1997 - 2023
Slovakia (Unit) 1,080,000.000 2023 yearly 1997 - 2023
Slovenia (Unit) 60,881.000 2023 yearly 1997 - 2023
South Africa (Unit) 633,337.000 2023 yearly 1997 - 2023
Spain (Unit) 2,451,221.000 2023 yearly 1997 - 2023
Sudan (Unit) 1,020.000 2004 yearly 2002 - 2004
Sweden (Unit) 276,750.000 2023 yearly 1997 - 2023
Taiwan (Unit) 285,962.000 2023 yearly 1997 - 2023
Thailand (Unit) 1,841,663.000 2023 yearly 1997 - 2023
Tunisia (Unit) 1,700.000 2018 yearly 2007 - 2018
Turkey (Unit) 1,468,393.000 2023 yearly 1997 - 2023
Ukraine (Unit) 1,993.000 2023 yearly 1997 - 2023
United Kingdom (Unit) 1,025,474.000 2023 yearly 1997 - 2023
United States (Unit) 10,611,555.000 2023 yearly 1997 - 2023
Uruguay (Unit) 78.000 2004 yearly 1999 - 2004
Uzbekistan (Unit) 425,876.000 2023 yearly 1997 - 2023
Venezuela (Unit) 2,850.000 2016 yearly 1999 - 2016
Vietnam (Unit) 177,435.000 2023 yearly 2000 - 2023
Zimbabwe (Unit) 829.000 2013 yearly 1999 - 2013

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India Key Series

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Includes 262 key indicators for India, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Consolidated Fiscal Balance (USD mn) 48,073.564 Feb 2024 monthly Apr 1997 - Feb 2024
Tax Revenue (USD mn) -3,663.478 Feb 2024 monthly Apr 1997 - Feb 2024
Tax Revenue: % of GDP (%) 7.5 Dec 2023 quarterly Jun 1997 - Dec 2023
National Government Debt (USD mn) 2,045,168.5 Dec 2023 quarterly Dec 1998 - Dec 2023
Government Debt: % of GDP (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
Forecast: Government Expenditure (INR bn) 134,808.530 2029 yearly 1989 - 2029
Forecast: Government Net Debt (INR bn) 401,598.740 2029 yearly 1992 - 2029
Forecast: Government Revenue (INR bn) 98,724.200 2029 yearly 1989 - 2029
Govt Expenditure: CGA: Revenue Acc (INR mn) 3,081,310.000 Feb 2024 monthly Apr 1997 - Feb 2024
Govt Expenditure: CGA: Capital Acc (INR mn) 844,260.000 Feb 2024 monthly Apr 1997 - Feb 2024
CGA: Government Receipts: Gross Tax Revenue: Union Excise Duties (INR mn) 248,670.000 Feb 2024 monthly Apr 2000 - Feb 2024
CGA: Government Receipts: Gross Tax Revenue (INR mn) 1,836,540.000 Feb 2024 monthly Apr 2000 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.524 2028 yearly 1980 - 2028
Trade Balance (USD mn) -18,710.0 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 41,400.0 Feb 2024 monthly Apr 1990 - Feb 2024
Total Exports Growth (%) 12.3 Feb 2024 monthly Jan 1958 - Feb 2024
Aluminum: Exports (USD th) 8,248,048.505 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 18,074,988.582 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,445,957.792 2022 yearly 1995 - 2022
Total Imports (USD mn) 60,110.0 Feb 2024 monthly Apr 1990 - Feb 2024
Total Imports Growth (%) 12.7 Feb 2024 monthly Jan 1958 - Feb 2024
Imports: Medicament (USD th) 1,696,902.835 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,710,247.362 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 6,072.100 Jan 2024 monthly Nov 1979 - Jan 2024
Total Imports from USA (USD mn) 3,136.060 Feb 2024 monthly Apr 1964 - Feb 2024
Total Exports to China (USD mn) 1,620.990 Feb 2024 monthly Aug 1981 - Feb 2024
Total Imports from China (USD mn) 8,089.280 Feb 2024 monthly Apr 1978 - Feb 2024
Imports: INR: China (INR mn) 744,551.726 Jan 2024 monthly Oct 2002 - Jan 2024
Exports: INR: Gems & Jewellery: Gold & Oth Precious Metal Jewelry (INR mn) 95,957.143 Jan 2024 monthly Apr 2013 - Jan 2024
Exports: INR: Gems & Jewellery: Pearl, Precious, SemiPrecious Stones (INR mn) 110,501.999 Jan 2024 monthly Apr 2013 - Jan 2024
Exports: INR: CP: Drug Formulations, Biologicals (INR mn) 135,812.426 Jan 2024 monthly Apr 2013 - Jan 2024
Exports: INR: TA: Ready Made Garments Cotton incl Accessories (INR mn) 68,478.010 Jan 2024 monthly Apr 2013 - Jan 2024
Exports Volume: Iron And Steel (Ton) 1,241,116.000 Jan 2024 monthly Apr 2013 - Jan 2024
Exports: INR: Quick Estimates: Petroleum Crude and Products: Petroleum Products (INR mn) 334,760.500 Oct 2018 monthly Apr 2013 - Oct 2018
Imports: INR: Quick Estimates: Gems and Jewellery: Pearl, Precious, Semi Preciou... (INR mn) 134,567.700 Oct 2018 monthly Apr 2013 - Oct 2018
Exports Unit Value Index (1999-2000=100) 376.000 2018 yearly 2001 - 2018
Imports Unit Value Index (1999-2000=100) 513.000 2018 yearly 2001 - 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,271.5 Jun 2023 quarterly Mar 1993 - Jun 2023
Current Account Balance (USD mn) -9,195.5 Jun 2023 quarterly Jun 1949 - Jun 2023
Current Account Balance: % of GDP (%) -1.2 Dec 2023 quarterly Jun 2004 - Dec 2023
Foreign Direct Investment (USD mn) 7,352.2 Jun 2023 quarterly Jun 1990 - Jun 2023
Foreign Direct Investment: % of GDP (%) 0.9 Dec 2023 quarterly Jun 2004 - Dec 2023
Foreign Portfolio Investment (USD mn) 16,089.228 Jun 2023 quarterly Jun 2009 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) 1.3 Dec 2023 quarterly Jun 2009 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 13,649.1 Jun 2023 quarterly Jun 2009 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,440.123 Jun 2023 quarterly Jun 2009 - Jun 2023
External Debt (USD mn) 648,192.0 Dec 2023 quarterly Sep 1999 - Dec 2023
External Debt: % of GDP (%) 18.9 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 126,320.1 Dec 2023 quarterly Sep 1999 - Dec 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 1990 - 2023
Forecast: Current Account Balance (USD bn) -137.893 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -370,348.125 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Financial Account: Financial Derivatives (USD mn) -2,128.049 Dec 2023 quarterly Jun 2012 - Dec 2023
BoP: Current Account: Credit (USD mn) 231,598.899 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Financial Account: Reserve Assets (USD mn) -2,518.582 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Current Account: Income: Primary (USD mn) -10,609.069 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Capital Account (USD mn) -48.429 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Financial Account (USD mn) 7,504.235 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Current Account (USD mn) -8,299.654 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Current Account: Debit (USD mn) 239,898.554 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Cr: Financial Account (USD mn) 181,678.740 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Dr: Current Acc: Income: Primary (USD mn) 23,811.090 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Fin Acc: Other Investment (USD mn) 3,371.261 Dec 2023 quarterly Jun 2009 - Dec 2023
BoP: Cr: Fin Acc: Other Investment (USD mn) 68,273.087 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Cr: Current Acc: Income: Primary (USD mn) 8,697.808 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Cr: Fin Acc: Portfolio Investment (USD mn) 111,986.142 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Cr: Fin Acc: Financial Derivatives (USD mn) 5,775.539 Dec 2023 quarterly Jun 2012 - Dec 2023
BoP: Dr: Fin Acc: Financial Derivatives (USD mn) 7,362.290 Sep 2023 quarterly Jun 2012 - Sep 2023
BoP: Dr: Financial Account (USD mn) 194,856.742 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Dr: Fin Acc: Portfolio Investment (USD mn) 74,044.570 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Dr: Fin Acc: Other Investment (USD mn) 61,023.461 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Financial Account: Portfolio Investment (USD mn) 12,012.164 Dec 2023 quarterly Jun 2009 - Dec 2023
BoP: Cr: Current Acc: Goods (USD mn) 108,468.168 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Cr: Current Acc: Services (USD mn) 80,573.417 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Dr: Current Acc: Goods (USD mn) 169,502.222 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Dr: Current Acc: Services (USD mn) 43,411.427 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Current Acc: Goods (USD mn) -61,034.055 Sep 2023 quarterly Jun 2009 - Sep 2023
BoP: Current Acc: Services (USD mn) 35,125.414 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Cr: Current Acc: Income: Secondary: PT: Workers' Remittances (USD mn) 12,589.154 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Dr: Current Acc: Income: Secondary: PT: Workers' Remittances (USD mn) 986.941 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Cr: Current Acc: Income: Secondary: Personal Transfers (PT) (USD mn) 18,019.180 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Dr: Current Acc: Income: Secondary: Personal Transfers (PT) (USD mn) 986.941 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Current Acc: Income: Secondary: Personal Transfers (PT) (USD mn) 17,032.239 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Current Acc: Income: Secondary: PT: Workers' Remittances (USD mn) 11,602.213 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Cr: Capital Account (USD mn) 149.828 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Dr: Capital Account (USD mn) 141.776 Jun 2023 quarterly Jun 2009 - Jun 2023
BoP: Fin Acc: Direct Inv: In India (USD mn) 10,391.246 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Fin Acc: Portfolio: In India: Debt Securities (USD mn) 231.125 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Fin Acc: Portfolio: In India: Equity and Investment Fund Shares (USD mn) -2,418.912 Dec 2018 quarterly Jun 2009 - Dec 2018
BoP: Net Errors and Omissions (USD mn) -728.310 Jun 2023 quarterly Jun 2009 - Jun 2023
IIP: USD: Assets (USD mn) 973,720.374 Dec 2023 quarterly Jun 2010 - Dec 2023
International Investment Position (IIP): USD: Net (USD mn) -431,692.875 Dec 2018 quarterly Jun 2010 - Dec 2018
IIP: USD: Liabilities (USD mn) 1,344,068.499 Dec 2023 quarterly Jun 2010 - Dec 2023
External Debt: USD: Long Term (USD mn) 521,871.864 Dec 2023 quarterly Sep 1999 - Dec 2023
Foreign Direct Investment: Inflow: USD (USD mn) 2,374.000 Dec 2023 monthly Oct 2004 - Dec 2023
Foreign Direct Investment: Inflow: USD: Construction Activities (USD mn) 874.550 Dec 2018 quarterly Dec 2008 - Dec 2018
Foreign Direct Investment: Inflow: USD: Trading (USD mn) 892.050 Dec 2018 quarterly Dec 2008 - Dec 2018
Foreign Direct Investment: Inflow: USD: Services Sector (USD mn) 1,672.510 Dec 2018 quarterly Dec 2008 - Dec 2018
Foreign Direct Investment: Outflow (USD mn) 3,470.152 Feb 2024 monthly Jul 2007 - Feb 2024
No of Registered Company (Unit) 1,171,230.000 2018 yearly 1957 - 2018
No of Registered Company: New (Unit) 159,339.000 2023 yearly 2005 - 2023
Foreign Direct Investment: Inflow: USD: Automobile Industry (USD mn) 484.710 Dec 2018 quarterly Dec 2008 - Dec 2018
Foreign Direct Investment: Inflow: USD: Computer Software and Hardware (USD mn) 2,455.920 Dec 2018 quarterly Dec 2008 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.9 2023 yearly 1998 - 2023
Household Debt: % of GDP (%) 14.8 2023 yearly 1998 - 2023
Non-Performing Loans (USD mn) 97,851.215 2021 yearly 1997 - 2021
Money Supply M1 (USD mn) 730,786.777 Mar 2024 monthly Jan 1957 - Mar 2024
Money Supply M2 (USD mn) 734,974.705 Jan 2024 monthly Mar 1994 - Jan 2024
M2 Growth (%) 6.5 Jan 2024 monthly Mar 1995 - Jan 2024
Reserve Requirement Ratio (%) 4.5 Mar 2024 monthly Sep 1962 - Mar 2024
Foreign Exchange Reserves (USD mn) 554,152.0 Feb 2024 monthly Apr 1989 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 4.500 Mar 2024 monthly Sep 1962 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 9.2 May 2023 monthly Apr 1990 - May 2023
Gold Reserves (USD mn) 48,048.000 Feb 2024 monthly Dec 1956 - Feb 2024
Total Deposits (USD mn) 2,318,305.093 Sep 2023 quarterly Dec 1998 - Sep 2023
Total Deposits Growth (%) 10.1 Sep 2023 quarterly Dec 1999 - Sep 2023
Domestic Credit (USD mn) 2,946,511.8 Jan 2024 monthly Mar 1999 - Jan 2024
Domestic Credit Growth (%) 12.0 Jan 2024 monthly Mar 2000 - Jan 2024
Debt Service Ratio: Private Non-Financial Sector (%) 10.800 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 1,269.783 Sep 2023 quarterly Jun 2007 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 3,139.420 Sep 2023 quarterly Mar 1957 - Sep 2023
Household Debt (USD mn) 440,993.6 2022 yearly 1998 - 2022
Total Loans (USD mn) 1,828,265.456 Sep 2023 quarterly Dec 1998 - Sep 2023
Total Loans Growth (%) 16.08 Sep 2023 quarterly Dec 1999 - Sep 2023
Private Debt: % of Nominal GDP (%) 51.51 Mar 2022 quarterly Mar 1997 - Mar 2022
Money Supply: M4 (INR mn) 157,393,240.000 Apr 2019 monthly Mar 1994 - Apr 2019
SCB: Credit Outstanding: Personal Loans: Housing (INR mn) 9,686,783.763 2018 yearly 1998 - 2018
Cards: Value (INR mn) 1,906,582.571 Feb 2024 monthly Apr 2004 - Feb 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.6 Mar 2024 quarterly Jun 2001 - Mar 2024
Business Expectation Survey: Optimism: Business Optimism Index (2011=100) 70.300 Dec 2023 quarterly Mar 2000 - Dec 2023

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