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

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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

  • 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

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July 11, 2025

Tesla will mark its official entry into India next week …

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