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

9.6%

The domestic production in FY 2023-24 by the auto industry increased to 28 Mn including Passenger vehicles, Commercial Vehicles, Three-wheelers, two-wheelers, and quadricycles

40%+

Share of EVs in the Indian automotive market by 2030, generating revenue of over $100 Bn

$37.21 Bn

Automobile industry is among the top sectors garnering FDI inflows of $37.21 Bn during April 2000 to September 2024

3,10,34,174 units

Total production of passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles in FY25.

24,76,915 units

Production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in March 2025.

5.3 million units

Automobile exports from India in FY25, a 19% YoY growth, led by passenger vehicles, two-wheelers, and commercial vehicles.

100%

FDI permitted through an automatic route in the auto industry.

Global standing

India is the largest tractor producer, the second-largest bus manufacturer, and the third-largest heavy truck manufacturer worldwide.

Department of Heavy Industry

011-23062365

Visit Website

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

Society of Indian Automobile Manufacturers

011 – 24647810 -12

Visit Website

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

Automotive Component Manufacturers Association of India

080 2570 2855

Visit Website

A body which represents the automotive component industry.

Automotive Research Association of India

+91-020-30231111

Visit Website

Authorized testing and certifying agency.

National Automotive Testing and R&D Infrastructure Project

+ 91-11-49215555

Visit Website

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

  • Export of automobiles registers a growth of 35.9% from 2020-21 to 2021-22.
  • Hyundai Motor India's first rollout from new plant likely to be electric SUV, in 2025.
  • 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

Tesla to debut in India with Mumbai showroom launch on July 15

July 11, 2025

Tesla will mark its official entry into India next week …

Read More

India-Indonesia trade reaches US$29.4 billion in FY2023-24

December 23, 2024

India and Indonesia have strengthened their economic partnership, with bilateral …

Read More

PLI scheme generates 5.84 lakh jobs, hitting 36% of five-year target

December 5, 2024

India’s production-linked incentive (PLI) scheme has created 5.84 lakh direct …

Read More