AUTOMOBILE INDUSTRY

PRABHAT KUMAR
ANKUSH KUMAR
AGENDA

EXECUTIVE SUMMARY

S E C T O R A N A LY S I S

MARKET OVERVIEW

T O P 3 P L AY E R S
 EXECUTIVE SUMMARY
 The automobile sector is split into four segments, i.e., two-wheelers, threewheelers, passenger
vehicles, and commercial vehicles, each having few market leaders.
 In FY22, two-wheelers and passenger cars held a market share of 77% and 18%, respectively.
 India is the largest E2W and E3W manufacturer in the world.
 16,23,399 two-wheeler units were sold in November 2023
 The Indian automotive industry is expected to reach US$ 300 billion by 2026.
 In November 2023, total passenger vehicle sales reached 3,34,130*. Sales of Passenger Vehicles in
November 2023 have been the highest, with a marginal growth of 3.7%, compared to November
2022.
 This sector's share of the national GDP increased from 2.77% in 1992–1993 to around 7.1%
presently. It employs about 19 million people directly and indirectly.
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 MARKET OVERVIEW

 In (April-November) 2023-24, the total production of passenger vehicles, commercial vehicles, three-
wheelers, two-wheelers, and quadricycles was 15.56 million units.
 India accomplished a significant milestone, with the sale of 8,32,434 EVs in FY24 (till August 2023).
 The Indian auto industry is expected to record strong growth in FY23, post recovering from the effects of
the COVID-19 pandemic. Electric vehicles, especially two-wheelers, are likely to witness positive sales in
FY23.
 MARKET OVERVIEW

Two-wheelers and passenger vehicles

dominate the domestic Indian auto market.
Passenger car sales are dominated by small
and midsized cars. Two-wheelers and
passenger cars accounted for 74.81% and
18.35% of market shares, respectively, in
FY23.
TOP 3 PLAYERS
 ABOUT MARUTI SUZUKI
From the day the iconic Maruti 800 was launched in
1983, Maruti Suzuki has been spearheading a
revolution of change - Turning an entire country’s need
for driving, into its love for driving.
Heralding an automotive revolution over the years,
Maruti Suzuki has pioneered category defining design,
technology and experience. From the Maruti Zen,
Esteem, Omni to today’s Swift, Brezza, Baleno, Ciaz -
Maruti Suzuki has redefined the concept of automotive
design.
Founder: Government of India
Parent organization: Suzuki
Subsidiaries: True Value Solutions Ltd, MORE
Founded: 24 February 1981, Gurugram
Headquarters: New Delhi
Formerly: Maruti Udyog Limited

KEY POINTS:

 India’s biggest carmaker.

 Market share of Maruti Suzuki is 42.0.
 Net profit stood at Rs. 3,716.5 crore
(US$ 445.96 million) in the second
quarter of FY24
 ABOUT HYUNDAI
Hyundai Motor India Ltd. (HMIL), a wholly owned subsidiary of
Hyundai Motor Company (HMC), is India’s first smart mobility
solutions provider. Hyundai’s global brand vision of ‘Progress for
Humanity’ creates a sustainable outlook for future generations by
offering mobility solutions with industry leading technology.

HMIL presently operates with a robust network of 1366 sales points and
1548 service points across India. The strong model line-up consists of
13 car models across segments, Grand i10 NIOS, i20, i20 N-Line,
AURA, EXTER, VENUE, VENUE N-Line, VERNA, CRETA,
ALCAZAR, TUCSON, KONA Electric and all-electric SUV IONIQ
5.
 TATA MOTORS
 Tata Motors Group is a leading global automobile
manufacturer.
 Part of the illustrious multi-national conglomerate, the Tata
group, it offers a wide and diverse portfolio of cars, sports
utility vehicles, trucks, buses and defence vehicles to the
world.
 It has operations in India, the UK, South Korea, South Africa,
China, Brazil, Austria and Slovakia through a strong global
network of subsidiaries, associate companies and Joint
Ventures (JVs), including Jaguar Land Rover in the UK and Tata
Daewoo in South Korea.
MARKET OVERVIEW
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