Professional Documents
Culture Documents
ED Auto Presentation
ED Auto Presentation
Industry
Economic Diplomacy Division
Ministry of External Affairs
Where does India stand?
Largest TRACTOR manufacturer
Source: SIAM
Vehicle Market Share
Segment Market Share
2,500
2,000
1,500
1,000
500
0
2012-13 2013-14 2014-15 2015-16 2016-17
Units of vehicles expressed in ’000
Other Vehicles Production units
Figures for financial year – April to
Commercial Vehicles MarchTractors
850 833 CAGR 2013-17: -1% CAGR 2012-16:
810 800 -3%
800 787 697
700 640 613
600
579 572
750
500
699 697 400
700
300
200
650
100
600 0
2012-13 2013-14 2014-15 2015-16 2016-17 2011-12 2012-13 2013-14 2014-15 2015-16
5000 20
10
0
2012-13 2013-14 2014-15 2015-16 2016-17 0
2011-12 2012-13 2013-14 2014-15 2015-16
Top 5 players in Each Segment in 2016-17
Passenger Vehicles : +9.23% Commercial Vehicles : +4.16%
Share of India’s • 4%
Exports
3000 40%
35.9% 2556
1500
11.1%
8.7% 8.8% 10%
1000 5.6%
-2.0% 0%
500
0 -10%
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
9
(Turnover includes supplies to OEMs, aftermarket sales and exports)
Auto Components Supply to OEMs
Three- Two-wheelers Backhoe
21%
Wheeler Loaders
4% 2%
HCV Others
9% 2%
MCV Tractors
5% 7%
LCV Passenger
4% Vehicles
SCV 44%
1%
Small Commercial
Less than 2 T
Vehicles (SCV)
Light Commercial Vehicle
2 to 7.5 T
(LCV)
Maneuver Combat Vehicle
OEMs consumption includes locally produced Components and Imports 7.5 to 16 T
Exports - Auto Component Industry: 2015-16
800 CAGR: 18% 80%
685 (11.2) 709 (10.8)
Turnover in INR’ 00 Crore
615 (10.2)
600 60.7% 527 (9.7) 60%
(USD Billion)
427 (8.8)
40.7%
\
400 303 (6.7) 40%
23.3%
200 16.7% 20%
11.4%
3.5%
0 0%
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
• Bosch • Honeywell
• Caterpillar • Hyundai
• Continenta • Magna
l • Mercedes
• Cummins Benz
• Ford • Renault
• GM Nissan
• Honda • Suzuki (Illustrative List)
Auto Components Industry Aspirations
Objectives of Automotive Mission Plan 2026
• Achieve top-line of USD 260-300
Automotive
billion
industry to be the • Increase export intensity to 35 - 40%
engine of “Make • Attract investments of USD 70 - 90
in India” billion over the next decade
* With CIF value >US $ 40,000 or engine capacity >3000 cc for petrol and >2500 cc
for diesel vehicles, or both.
** For motor cycles with engine capacity of 800 cc or more
+CKD containing engine or gearbox or transmission mechanism in pre-assembled
form but not mounted on a chassis or a body assembly
*** Some components progress down to nil on FTAs
Other Domestic Taxes
Tax Category Rate
Infra Cess 1%, 2.5%, 4%
R & D Cess 0.125%
National Calamity Contingent Duty 1%
Central Sales Tax (CST) for out of state 2%
sale
State Value Added Tax (VAT) 12.5%
Octroi (in one state only) 4%
State Road/Registration Tax 4-20%
Infrastructure Cess:
• 1% on small petrol, LPG, CNG cars,
• 2.5% on small diesel cars of less than 1500 cc and
• 4% on other higher engine capacity vehicles and SUVs
was levied last year.
Rates Proposed Under GST
Vehicle Category GST Rate
Passenger Vehicles (Petrol, Diesel, CNG)/Commercial 28%
Vehicles/Three-wheelers/Two-wheelers
Electric Vehicles 12%
Vehicles that would attract GST plus Cess. Cess as provided below: