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    Dhamankur 096

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    The Indian automobile industry is the 9th largest in the world and is growing rapidly. It includes major players like Maruti, Hyundai, Ford, Tata, and Honda. The industry was closed until 1983 but then opened to partnerships and foreign investment. Global automakers like Toyota, GM, and Volkswagen now assemble vehicles in India. The future looks bright, with projections that India will be one of the top auto markets and that brands like Skoda, Tata, Renault, and Honda are expanding local production. The industry is expected to triple in size by 2025 and become a major driver of the Indian economy.

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    Dhamankur 096

    Uploaded by

    jeet_singh_deep
    31 views11 pages
    The Indian automobile industry is the 9th largest in the world and is growing rapidly. It includes major players like Maruti, Hyundai, Ford, Tata, and Honda. The industry was closed until 1983 but then opened to partnerships and foreign investment. Global automakers like Toyota, GM, and Volkswagen now assemble vehicles in India. The future looks bright, with projections that India will be one of the top auto markets and that brands like Skoda, Tata, Renault, and Honda are expanding local production. The industry is expected to triple in size by 2025 and become a major driver of the Indian economy.

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    The Indian automobile industry is the 9th largest in the world and is growing rapidly. It includes major players like Maruti, Hyundai, Ford, Tata, and Honda. The industry was closed until 1983 but then opened to partnerships and foreign investment. Global automakers like Toyota, GM, and Volkswagen now assemble vehicles in India. The future looks bright, with projections that India will be one of the top auto markets and that brands like Skoda, Tata, Renault, and Honda are expanding local production. The industry is expected to triple in size by 2025 and become a major driver of the Indian economy.

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    31 views11 pages

    Dhamankur 096

    Uploaded by

    jeet_singh_deep
    The Indian automobile industry is the 9th largest in the world and is growing rapidly. It includes major players like Maruti, Hyundai, Ford, Tata, and Honda. The industry was closed until 1983 but then opened to partnerships and foreign investment. Global automakers like Toyota, GM, and Volkswagen now assemble vehicles in India. The future looks bright, with projections that India will be one of the top auto markets and that brands like Skoda, Tata, Renault, and Honda are expanding local production. The industry is expected to triple in size by 2025 and become a major driver of the Indian economy.

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    of 11

    INDIAN AUTOMOBILE INDUSTRY

    Automobile Industry
    Where it has been

    Where its going

    FACTS
    9th largest automobile industry . 2nd largest two-wheeler market, 4th largest in Heavy Trucks. 2nd largest tractor manufacturer. 11th largest passenger car market and expected to become 7th largest by 2016. Sale of passenger cars in India is likely to grow at an average of 14.9% each year to touch 2.1 million mark by 2015.

    KEY PLAYERS
    Maruti Hyundai Ford Sonalika International Force M&M Skoda Mercedes Benz Volkswagon TATA Honda GM HM Toyota Kirloskar Fiat Audi BMW Mitshubishi

    Indian automotive industry


    Pre 1983
    Closed market Growth of market limited by supply Outdated models

    1983-1993
    Suzuki, Japan and GOI joint venture to form Maruti Udyog Joint ventures with companies in commercial vehicles and components Players Maruti Udyog Hindustan Motors Premier Telco Ashok Leyland Mahindra & Mahindra

    1993-till date
    Delicensing of sector in 1993 Global major OEMs start assembly in India (Toyota, GM, Ford, Honda, Hyundai) Imports allowed from April 2001; alignment of duty on components and parts to ASEAN levels Implementation of VAT

    Players Hindustan Motors Premier Telco Ashok Leyland Mahindra & Mahindra

    Future Prospects Of Indian Automobile Industry

    SKODA AUTO
    SKODA Auto is planning to make India its regional manufacturing hub. Company plans to start to manufacturing in India from 2015 with a target of 50000 cars a year.

    TATA MOTORS
    TATA motors plan to manufacture 80000 units of its NANO car in Pantnagar plant in UTTARAKHAND. The Mother facility in SANAND, Gujarat may be fully functional by 2012 with a capacity of 1.5 lakhs/year

    RENAULT
    RENAULT has entered into partnership with NISSAN Motors to setup a manufacturing unit near Chennai. Project costs around $ 901.35 millions and having Capacity of 4lakh cars /year

    HONDA MOTORS
    Investing US $ 250 million in a new plant in Rajasthan with capacity of 60,000 car per year

    Toyota- Kirloskar motors planning to launch its own small car in India
    by 2015

    TOYOTA KIRLOSKAR

    To manufacture small cars at its Talegaon, Maharashtra plant with 80% local input.

    GENERAL MOTORS

    FUTURE PROSPECT OF INDIAN AUTOMOBILE SECTOR


    Automobile industry expert predicts that by 2050 every sixth car in the world will be for Indians. By 2015 India will take over Germany in sales volumes and Japan by 2017 The Indian automobile component industry is estimated to triple from USD 63 billion to USD 190 billion. Industry analysts predict this industry to touch USD 13000 million mark by 2015, a cumulative growth of 9.5% annually. It is said that for every Re 1 spent, the auto sector returns Rs. 2.24 to the Indian economy.

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