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By 2016 the size of the Indian automobile industry is expected to grow by 13%, to reach a
mark of US$ 120-159 billion. Presently, India is the 2nd largest two wheeler market in the
world and fourth largest commercial vehicle market worldwide. India is the 11th largest
market in the passenger car segment globally which is expected to become the 7th largest
market by 2016.
This PPT on the Automobiles Industry in India has:
Many useful charts, tables and graphs
Data on the size, growth, market share of the automobiles industry in India and the
various segments
Information on the future growth potential and prospects of the industry
Import and Export data of the various segments of the Auto Industry
Major Players in the Industry and their market shares and growth trends
India’s position in the global automobiles industry
Performance of the various segments
Government Initiatives towards the Automobile Industry
Economic and Social Factors affecting the Auto Industry in India
Jan 08, 2010 – By 2016 the size of the Indian automobile industry is expected to grow by 13%, to
reach a mark of US$ 120-159 billion. Presently, India is the 2nd largest two wheeler market in the
world and fourth largest commercial vehicle market worldwide. India is the 11th largest market in the
passenger car segment globally which is expected to become the 7th largest market by 2016.
De-licensing in 1991 has put the Indian automobile industry on a new growth track,
attracting foreign auto giants to set up their production facilities in the country to take
advantage of various benefits it offers. This took the Indian automobile production from
5.3 Million Units in 2001-02 to 10.8 Million Units in 2007-08. The other reasons attracting
global auto manufacturers to India are the country’s large middle class population,
growing earning power, strong technological capability and availability of trained
manpower at competitive prices. These are the major findings of our new report, "Indian
Automobile Sector - A Booming Market”
In 2006-07, the Indian automotive industry provided direct employment to more than
300,000 people, exported auto component worth around US$ 2.87 Billion, and
contributed 5% to the GDP. Due to this large contribution of the industry in the national
economy, the Indian government lifted the requirement of forging joint ventures for
foreign companies, which attracted global to the Indian market to establish their plants,
resulting in heightened automobile production.