 

 

As ow 15%
35 ™% 8% 10%
A%

4 5%
gs 0%
22
=
Sis “%
S14 -10%
S05 -15%

0 -20%

FY 15 ey 16 FY 17 FY 18 FY19 aah 022
mmm Small Cars mmm Large cars mmm UV+ Vans 'Y-O-Y Gro\
Source: SIAM, CRISIL Research
Positive sentiments in festive led to positive growth in Q2 FY21
1.0 0.7 0.8 0.7. - 50%
0.6 0.7 7% oo
go 05— % 0.2 -50%
£3 8%
2s 0.0 -100%
=$ Qu Q2 Q3 Q4 Qu Q2
FY 20 FY21
=a Small cars mmmmLarge cars mam UV+Vans Total —=y-o-y growth (%)

Source: SIAM, CRISIL Research

Key OEMs in domestic PV market

Kia, 3% FY20
\ Olners: 5%
Renault, 3%
\
Toyota, 4%

   
  
    
 

 

Honda, 4%
Tata Motors, 5% RIN

Mahindra & Mahindra
Ltd., 7%

Source: SIAM, CRISIL Research

Maruti maintains its leadership position with 51% market share, followed by Hyundai (18%), Mahindra (7%),
Tata Motors (5%) and Honda and Toyota (4% each), Kia and Renault (3% each) followed by other players.

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