India, Feb. 17 -- 2023 was a year filled with action, marked by the debut of new SUVs like the Honda Elevate, along with refreshed models of the Tata Nexon and Harrier. The momentum has carried into 2024 with a strong start. The Indian auto market has already witnessed the launch of highly anticipated vehicles such as the Hyundai Creta facelift and the Kia Sonet.

In 2023, passenger vehicle sales in India reached a record high of 41.08 lakh units, marking an 8.3% increase over the previous year. This growth was primarily fueled by SUVs, which contributed nearly half of the total dispatches from manufacturers to dealers.

Looking ahead, 2024 promises to maintain this growth trajectory, with several more SUV launches anticipated to further ...