PVs see highest ever monthly sales in June ‘22

June saw an increase of 25% in private vehicle (PV) sales with around 321,000 PVs dispatched from dealerships and factories

July 4, 2022

June 2021 saw a dispatch of 255,743 PVs

Domestic PV brands accounted for more than 50% of the sales at 167,882 units

Demand parameters in enquiries and bookings for PVs are showing positive trends, as the semiconductor industry is witnessing a rebound

October 2020 saw the PV industry's biggest monthly sales

India’s PV sector witnessed its highest-ever monthly sales in volumes during June 2022, according to various industry estimates. 

According to the estimates, June saw an increase of 25% in PV sales with around 321,000 PVs dispatched from dealerships and factories, compared to the dispatch of 255,743 units from the same month last year.


Domestic PV brands accounted for more than 50% of the sales at 167,882 units, according to the estimates.

According to experts, demand parameters in enquiries and bookings for PVs are showing positive trends, as the semiconductor industry is witnessing a rebound.  

October 2020 witnessed the PV industry’s biggest monthly sales, with over 334,000 units being dispatched.

Recent Articles

RBI retains repo rate at 6.5%, shifts stance to ‘neutral’ amid inflation focus

October 9, 2024

The Reserve Bank of India’s Monetary Policy Committee (MPC) has …

Read More

India set to become fourth-largest consumer durables market by 2030

October 9, 2024

India is on track to become the fourth-largest market for …

Read More

Government eases export rules for dual-use goods to foreign subsidiaries in 41 countries

October 9, 2024

The Indian government has eased export regulations for 36 dual-use …

Read More