India Car Sales  Forecast


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Car Registrations in India is expected to be 252738.72 Cars by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in India to stand at 255168.57 in 12 months time. In the long-term, the India Car Sales is projected to trend around 246979.16 Cars in 2020, according to our econometric models.


India Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 64.1 56 56.8 55.9 56.5 59
Manufacturing PMI 50.3 52 52.8 51.5 51.8 51.2
Services PMI 51.7 51 51.9 52 51 51.9
Industrial Production 3.8 3.4 3.2 2.9 3.9 6.5
Industrial Production Mom -1.1 -0.27 0.46 0.66 0.67 0.87
Manufacturing Production 3.4 2.7 3.5 3.4 5.21 5.6
Changes in Inventories 740 719 704 691 679 593
Car Production 232516 243826 245318 243726 242974 234146
Car Registrations 246983 252739 258087 254945 255169 246979
Internet Speed 6492 8727 8654 9079 10309 12339
IP Addresses 9378846 9299370 9274399 9221603 9152764 8729667
Mining Production 7.9 4.3 3.9 5.9 2.5 2.1
Steel Production 8200 8320 8312 8305 8299 8252
Cement Production 22912 20869 20442 20154 19918 18704
Competitiveness Index 4.59 4.52 4.61 4.61 4.61 5.51
Competitiveness Rank 40 39 42 44 44 51
Composite Pmi 51.3 52.9 53 51.4 51.56 51.6
Corruption Index 40 38 39 39 39 42
Corruption Rank 79 76 78 78 77 72
Ease of Doing Business 100 129 128 128 128 126