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Automobile Industry
Automobile Industry
INDIA
Automotive Sector
• The automotive industry comprises a wide range of companies and organizations
involved in the design, development, marketing, manufacturing, and selling of
motor vehicles.
• The Indian automobile industry is one of the driving forces of the economy,
contributing about 49% to the country's manufacturing GDP (gross domestic
product) and 7.5% to its overall GDP. The sector's value chain employs about 32
million people
Indian Automotive Industry Facts
• The industry currently manufactures 26 mn vehicles including Passenger Vehicles,
Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycles in April-March 2020
• India is expected to be the world's third-largest automotive market in terms of volume by
2026.
• The EV market is expected to grow at CAGR of 44% between 2020-2027.
• 7.1% Share in India's GDP, 35 mn Employment generated, 40% Share in global R&D
• Newly introduced National Automobile Scrappage Policy by Government of India is expected
to bring investments worth over INR 10,000 crore.
• Two wheelers and passenger cars accounted for 80.8% and 12.9% market share, respectively.
Skill Sets On Demand
DESIGN SKILLS OTHER SKILLS
• CAD • CNC Machines
• DFM • CAE Tools
• GD&T • Testing Tools
• CATIA • Validation Testing Tools