What is the Size of Alloy Wheel Market in India | Key Players & Strategic Developments 2025

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Code: MTA10832

Publication Date: Nov 2025

What is the growth rate of the India Alloy Wheel Market?

According to 6Wresearch internal database and industry insights, the India alloy wheel market is expected to grow at a CAGR of 6% during 2025‑2031.

The main drivers of this growth are the increasing adoption of alloy wheels in passenger vehicles for improved performance and efficiency, rising interest among consumers in customised vehicle aesthetics, and the advancing manufacturing capabilities of domestic wheel suppliers ensuring enhanced design and quality.

Growth Factors for India Alloy Wheel Industry

Higher disposable incomes allow more buyers to opt for alloy rather than steel wheels.
Automobile manufacturers’ shift toward lightweight components boosts alloy wheel uptake.
Growing vehicle customisation culture amplifies demand for differentiated alloy wheel designs.
Expansion of electric vehicle models elevates requirement for lightweight and efficient wheel solutions.
Aftermarket sales growth supports additional volume outside original equipment installations.

India Alloy Wheel Market Trends

The India alloy wheel market is displaying several interesting trends as demand for larger diameters, multi‑spoke designs and premium finishes increases, reflecting consumers’ focus on style and performance. Car manufacturers are offering alloy wheels as standard fitment in mid‑segment cars, while the aftermarket is seeing e‑commerce channels and configurators enabling buyers to tailor wheel appearance. Lightweight alloy materials and low‑defect casting techniques are also gaining traction, supporting increased penetration.

Emerging Developments in the India Alloy Wheel Market

The India alloy wheel market is witnessing developments such as localised manufacturing expansions by major wheel makers to reduce imports and costs, plus forging technologies replacing cast wheels for higher strength applications. Moreover, suppliers are investing in wheels designed for electric and hybrid vehicles that demand reduced unsprung weight and better thermal management. Partnerships between wheel manufacturers and OEMs for custom aesthetic programmes are becoming more common.