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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.
A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others. Oragadam is regarded as the epicenter of this corridor which boasts of the National Automobile Testing and R&D Infrastructure Project ...
Feb 14, 2023 · Automotive Companies in India 2023. Maruti Suzuki India Ltd. – Maruti Suzuki India Ltd. is the largest passenger car manufacturer in India and has a market share of over 50% in the Indian passenger car industry. The company was established in 1981 and is headquartered in New Delhi, India.
May 23, 2023 · Major car companies like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Honda, Volkswagen, etc., are leading the market share and dominating the automotive sector in India. Additionally, there are several more upcoming domestic car companies that are expected to enter the market in the near future.
Part of the USD 150 billion Tata Group, Tata Motors, a USD 44 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. We are India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market.
Feb 26, 2024 · VinFast breaks ground on its EV plant in Tamil Nadu 50 days after MoU signing with Tamil Nadu government. Tap for more details.
5 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. - Page 1.
BMW Group India excelled in the first half of the year, achieving record sales and maintaining leadership in the luxury electric car segment. President Vikram Pawah expressed satisfaction with the company's performance, highlighting a focus on business performance and customer satisfaction to drive success.
3 days ago · In terms of domestic sales, the company’s figures remained flat as it recorded sales of 50,103, marginally up by 0.2 percent as compared to 50,001 units sold in the corresponding month last year.
5 days ago · Key components such as batteries are expected to reach a localisation level of 40-50% by 2030, up from 20-25% in 2023. Power and control wiring harnesses, along with connectors, could reach 60-70% ...
