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   Why did Indian automobile industry grow 19 per cent in fy24?

   • Mumbai: The Indian automobile industry grew 19 per cent to Rs 10.22 lakh crore in FY24 driven by a robust growth in the utility and sports utility vehicle (SUV) segment, a report said on Wednesday. The volume grew by 10 per cent during the year, the report by management consulting firm Primus Partners said.

   Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Rep…

   economictimes.indiatimes.com/industry/auto/auto-news/indian-automobile-industry-grows-19-pc-to-rs-10-22-lakh-cr-in-fy24-report/articleshow/111108386.cms

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   How big is India's auto industry?

   • As of 2023, India is the 3rd largest automobile market in the world in terms of sales. As of April 2022, India 's auto industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP.

   Automotive industry in India - Wikipedia

   en.wikipedia.org/wiki/Automotive_industry_in_India

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   How much is the Indian automobile industry worth?

   • The Indian automobile industry is worth Rs 20 lakh crore. It pays Rs 3 lakh crore in goods and services tax (GST) to state and federal governments. The industry has created 4 crore jobs. The industry is not just a wealth creator, but also an employment creator. The most important priority for the govt is to create jobs, he said.

   India will be 2nd largest auto industry in 5 years: Gadkari

   timesofindia.indiatimes.com/city/pune/india-to-become-2nd-largest-auto-industry-in-5-years-nitin-gadkari/articleshow/111526145.cms

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   How did India's automobile industry perform in fy24?

   • Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. In FY24, India's automobile industry grew 19%, reaching US$ 122.53 billion (Rs. 10.22 lakh crore), buoyed by robust expansion in the SUV and utility vehicle segments.

   Indian automobile industry grows 19% to US$ 122.53 billion (Rs ... - IBEF

   www.ibef.org/news/indian-automobile-industry-grows-19-to-us-122-53-billion-rs-10-22-lakh-crore-in-fy24-report

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2. en.wikipedia.org › wiki › Automotive_industry_in_IndiaAutomotive industry in India - Wikipedia

   en.wikipedia.org › wiki › Automotive_industry_in_India

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   Jun 27, 2024 · The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.

3. timesofindia.indiatimes.com › city › puneAutomobile Industry: India to Become 2nd Largest Auto ...

   timesofindia.indiatimes.com › city › pune

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   14 hours ago · The Indian automobile industry is worth Rs 20 lakh crore. It pays Rs 3 lakh crore in goods and services tax (GST) to state and federal governments. The industry has created 4 crore jobs.

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6. economictimes.indiatimes.com › industry › autoIndian automobile industry grows 19 pc to Rs 10.22 lakh cr in ...

   economictimes.indiatimes.com › industry › auto

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   Jun 19, 2024 · Mumbai: The Indian automobile industry grew 19 per cent to Rs 10.22 lakh crore in FY24 driven by a robust growth in the utility and sports utility vehicle (SUV) segment, a report said on Wednesday. The volume grew by 10 per cent during the year, the report by management consulting firm Primus Partners said.

7. www.autocarindia.com › industryLatest Automotive Industry News - Auto ... - Autocar India

   www.autocarindia.com › industry

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   2 days ago · Autocar India is India’s leading automobile industry magazine provides the latest industry news, exclusive interviews, market analysis, videos and auto industry trends on cars & bikes. -...

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9. www.ibef.org › news › indian-automobile-industryIndian automobile industry grows 19% to US$ 122.53 billion ...

   www.ibef.org › news › indian-automobile-industry

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   Jun 20, 2024 · In FY24, the Indian automobile industry surged by 19% to reach US$ 122.53 billion (Rs. 10.22 lakh crore), driven significantly by growth in the utility and sports utility vehicle (SUV) segment, as reported by Primus Partners, a management consulting firm.

10. economictimes.indiatimes.com › topic › indiaINDIA AUTOMOBILE INDUSTRY - The Economic Times

    economictimes.indiatimes.com › topic › india

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    Jun 14, 2024 · Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion. India's auto market aims for a USD 300 billion milestone by 2026, backed by rising income levels and urbanization.

11. www.business-standard.com › industry › autoAuto industry grows 19% to Rs 10.22 trn in FY24 over robust ...

    www.business-standard.com › industry › auto

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    Jun 19, 2024 · The Indian automobile industry grew 19 per cent to Rs 10.22 trillion in FY24 driven by a robust growth in the utility and sports utility vehicle (SUV) segment, a report said on Wednesday. The volume grew by 10 per cent during the year, the report by management consulting firm Primus Partners said.