India’s annual production of automobiles in FY21 was 22.65 million vehicles, and 13 million vehicles were produced between April-October 2021

World's largest

Manufacturer of two-wheelers and three-wheelers in the world

7.1%

Contribution to GDP

8%

Contribution to total exports of the country

US$ 222 bn

Value of India's automotive industry

US$ 33.77 bn

Foreign investment received between April 2000 to September 2022.

NATRAX

Asia’s longest high-speed track and the fifth-largest in the world

37mn

Indians employed, directly and indirectly, by the auto industry.

100%

FDI permitted through an automatic route in the auto industry.

5X

hike in exports targeted by the Indian auto sector in the coming years.

Department of Heavy Industry

011-23062365

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The Department promotes engineering industry, heavy electrical, industrial machinery and auto industry.

Society of Indian Automobile Manufacturers

011 – 24647810 -12

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Apex industry body representing leading vehicle and vehicular manufacturers in India.

Automotive Component Manufacturers Association of India

080 2570 2855

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A body which represents the automotive component industry.

Automotive Research Association of India

+91-020-30231111

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Authorized testing and certifying agency.

National Automotive Testing and R&D Infrastructure Project

+ 91-11-49215555

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National Automotive Testing and R&D Infrastructure Project (NATRiP), is a fully Government of India funded project with a total project cost of Rs.37.3 billion.

Investment Opportunities

  • Manufacturing - India's high-margin and high-quality production capacity is attracting investors.
  • Renewable energy - India is one of the most active markets for e-vehicles, drawing foreign interests.
  • Export Market - As many as five auto hubs across India to be further developed to increase export.
  • R&D - India's research and academic institutions are leading activity in disruptive mobility solutions.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

News

Indian automobile industry to reach INR 15 trillion by the end of 2024: Transport Minister

December 28, 2022

India plans to double the size of its automobile industry …

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Subsidies for EVs and renewable energy double in FY23

December 21, 2022

The subsidies for renewable energy and electric vehicles in India …

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India’s EV revenue pool to reach US$ 100 bn by 2030: Bain & Co

December 15, 2022

India’s Electric Vehicle (EV) value chain revenue pool is expected …

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Events