Indian Automotive Ma

The Indian automobile industry, the sixth largest automobile producer in the world, is one of the potential future markets in the world. The Indian automobile market has grown from a seller dominated market in the 1980’s to a consumer dominated market today. The auto industry of the India has grown substantially and further is expected to grow at a CAGR of more than 10% over the period of next 7 years. Indian automobile industry is well positioned in terms of demography and geography as it can service both domestic demands as well as cater to the increasing demand in export markets. This rise of the automotive industry can be attributed to various factors like growing economy, rising prosperity, increasing disposable income among consumers, easily accessible finance options, and an increase in the working population of the country.

The Indian automobile industry can be categorized under four different categories namely, two-wheelers, three-wheelers, passenger cars & Utility Vehicles (UVs), commercial vehicles and tractors. The two-wheeler segment can be further sub divided into mopeds, scooters, motorcycles and electric two-wheelers. Major share of the Indian automobile industry is taken by two-wheelers followed by passenger cars and the share is almost equal between commercial vehicles and three-wheelers. The major contribution to the vehicle production comes from Southern India, accounting for 35% of the total production.

This report describes the market for Indian automotive industry based on vehicle type (two-wheelers; three-wheelers; passenger cars & UV; commercial vehicles; tractors), region (North; South; East; west). The passenger vehicles segment further covers the market for passenger cars and utility vehicles and the commercial vehicles segment covers light-duty and heavy-duty commercial vehicles. Apart from quantitative analysis of these markets, the report also covers qualitative aspects like market dynamics, porter’s five forces analysis, PESTLE analysis and others.

The report features profiles of the top players in the Indian automotive market covering their market presence; financial health; product offerings in the segment and further insights into their strategies and recent market developments associated with individual players.