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Pressemitteilung: India's rising car ownership: What it means for toll road investors / India's passenger vehicle market is continuing to expand at pace, with September 2026 recording sales of 454,574 vehicles, a 22% year-on-year increase. While this growth partly reflects a relatively low comparison base and the impact of Goods and Services Tax (GST) rationalisation, the broader trend is significant: India is now purchasing more than 400,000 cars a month. For toll road asset owners and investors, this presents an important opportunity but also raises questions about the sustainability and distribution of future traffic growth. A growing vehicle fleet is reshaping highway demand Increasing car ownership is a fundamental driver of long-term road traffic growth. While exact data is unavailable, estimates suggest that car ownership in India has grown from 12 per 1000 population in 2015 to approximately 35 per 1000 (based on car stock data from Vahan and population estimates). (....)