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Learn about the size, market, and future of the Indian automobile industry, which is a key indicator of the economy and a global leader in two-wheelers and heavy vehicles. Find out the latest statistics, trends, and investments in the sector, as well as the challenges and opportunities for EVs and exports.
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue (from 16% such as in France up to 40% to countries like Slovakia).
The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. [1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [4]
The report analyzes the Indian automobile industry by vehicle types, fuel types and regions, and provides market size and growth projections for 2024-2029. It also covers the major players, trends and challenges in the industry, such as electric vehicles, emissions standards and exports.
- The India Automobile Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029) Read More
- Mahindra & Mahindra Ltd, Hyundai Motor Company, Tata Motors Limited, Honda Cars India Ltd (Honda Motor Company) and Maruti Suzuki India Ltd. (Suzuk...
- The report covers the India Automobile Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indi...
Jun 5, 2024 · Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry’s principal products are passenger automobiles and light trucks.
May 16, 2024 · Overview. Revenue - automobile manufacturing industry worldwide 2019-2023. Automotive - global merger and acquisition deal value Q1 2017-Q1 2023. Automotive R&D spending worldwide...
Jul 18, 2018 · Learn how India is expected to become the world’s third-largest passenger-vehicle market by 2021, driven by macroeconomic and demographic trends, government policies, and global disruptions. Explore the key trends, opportunities, and challenges for the industry and its players.
