Resilience and Recovery: Indian Automobile Industry Dynamics Post-COVID-19

Author(s)	Mr. Amitava Ukil, Dr. Mahuya Adhikary
Country	India
Abstract	This study computationally validates comprehensive SIAM panel data across production, domestic sales, and exports for India's automobile industry (FY2019-20 to FY2024-25), confirming a robust V-shaped post-COVID recovery. Total production rebounded from FY2020-21 trough of 22,652 thousand units (-14.03%) to record 31,028 thousand units FY2024-25 (+9.12% YoY, corrected CAGR 3.32%, Cov 0.12), with domestic sales achieving 25,607 thousand units (CAGR 3.51%, Cov 0.14) and exports surging to 5,356 thousand units (CAGR 2.46%, lowest Cov 0.11). Passenger Vehicles exhibit dual leadership (production CAGR 8.12%, domestic CAGR 9.17%, Cov 0.20-0.21), precisely timed with PLI-Auto OEM approvals (18 firms, 13-16% incentives), explaining 65% growth variance. Two-Wheelers anchor stability (Cov 0.11-0.13), Three-Wheelers signal electrification priority (Cov 0.44). Cov spectrum 0.11-0.44 establishes forecasting taxonomy. Policy validation: PLI timing helps PV peak (+25.64%).
Keywords	Indian automobile industry, Production, post-COVID, Sales
Field	Sociology > Administration / Law / Management
Published In	Volume 8, Issue 1, January-February 2026
Published On	2026-02-26
DOI	https://doi.org/10.36948/ijfmr.2026.v08i01.69973

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9687-828-838	editor@ijfmr.com

International Journal For Multidisciplinary Research