The Indian automobile industry is the tenth largest in the world with an annual production of approximately 2 million units. Indian auto industry, promises to become the major automotive industry in the upcoming years and the industry experts are hopeful that it will touch 10 million units mark.
Indian automobile industry is involved in design, development, manufacture, marketing, and sale of motor vehicles. There are a number of global automotive giants that are upbeat about the expansion plans and collaboration with domestic companies to produce automobiles in India.
The major car manufacturers in India are Maruti Udyog, Hyundai Motors India Ltd., General Motors India Pvt. Ltd., Honda Siel Cars India Ltd., Toyota Kirloskar Motor Ltd., Hindustan Motors etc.
The two-wheeler manufacturers in India are Honda Motorcycle & Scooter India (Pvt.) Ltd., TVS, Hero Honda, Yamaha, Bajaj, etc. The heavy motors including buses, trucks, auto rickshaws and multi-utility vehicles are manufactured by Tata-Telco, Eicher Motors, Bajaj, Mahindra and Mahindra, etc. Quick Facts:
- First Indian to own a car in India was Jamshedji Tata.
- First woman to drive a car in India was Mrs. Suzanne RD Tata.
- The passenger car and motorcycle segment in the Indian auto industry is growing by 8-9 percent.
- Commercial vehicle will grow by 5.2 per cent.
- The first automobile in India was rolled in 1897 in Bombay.
- India is a potential emerging auto market.
- Motorcycles contribute 80% of the two-wheeler industry.
- Unlike the USA, the Indian passenger vehicle market is dominated by cars (79%).
- India is the largest two-wheeler manufacturer in the world.
- India’s motorcycle segment will grow by 8-9 percent in the coming years. 11. India is the fifth largest commercial vehicle manufacturer in the world. 12. India has the number one global motorcycle manufacturer. 13. In Asia, India is the fourth largest car market
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