India became the 4th largest vehicle market in the world, with a fast-growing domestic as well as export market.
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
$50 Bn
Market size for the financing of EVs in 2030
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.
011-23062365
011 – 24647810 -12
080 2570 2855
+91-020-30231111
+ 91-11-49215555
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
Ford - US$1bn investment with large manufacturing facility in Chennai.
General Motors - exports from focused manufacturing base in India.
Hyundai - runs plant near Chennai and multi-million dollar R&D unit.
Renault - 4% share of Indian car market and a global R&D centre.
Toyota-Kirloskar Motor manufactures and sells vehicles in India.
Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, Japan, is India’s largest passenger car maker. Maruti Suzuki is credited with having ushered in the automobile revolution in the country.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
The passenger vehicle segment is on track to reach a …
Read MoreThe Indian automotive sector is poised to rank number three …
Read MoreAutomobile and consumer electronics manufacturers are gearing up for a …
Read More