Automotive industry in India to reach US$ 16.5B by 2021

reogma|Automotive industry in India to reach US$ 16.5B by 2021

The automobile industry in India is world’s fourth largest, with the country currently being the world's 4th largest manufacturer of cars and 7th largest manufacturer of commercial vehicles in 2017. Overall, Domestic automobiles sales increased at 7.01 per cent CAGR between FY13-18 with 24.97 million vehicles getting sold in FY18.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Automotive is one of the largest industries in the global market. Automotive industry, globally, as well as in India, is one of the key sectors of the economy. Due to its deep forward and backward linkages with several major segments of the economy, the industry has a strong multiplier effect of industrial growth.

Automotive sector is the leader in product and process technology in the manufacturing sector globally and in India also. The industry is recognized as one of the drivers of economic growth contributing significantly to the overall GDP of the nation. Demographically and economically, India's automotive industry is well positioned for growth, servicing both domestic demand and increasingly, export opportunity.

The Indian automobile industry has grown at a fairly healthy pace, aided by robust economic activity and infrastructure development; growing middle class population with disposable income and availability of easy consumer finance facilities. The industry manufactures almost all major transport vehicles such as cars, multi-utility vehicles, light commercial vehicles, buses, trucks, tractors, motorcycles, scooters, mopeds and three-wheeler.


This report is 12 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Real estate market in the UK to reach USD 23.94 B by 2024

Sun Aug 4 , 2019
The automobile industry in India is world’s fourth largest, with the country currently being the world's 4th largest manufacturer of cars and 7th largest manufacturer of commercial vehicles in 2017. Overall, Domestic automobiles sales increased at 7.01 per cent CAGR between FY13-18 with 24.97 million vehicles getting sold in FY18. […]
reogma|Automotive industry in India to reach US$ 16.5B by 2021reogma|Automotive industry in India to reach US$ 16.5B by 2021

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.