| Indian Automobile Industry today.. |
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World's largest Motorcycle manufacturer is in India. |
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2nd largest Two-Wheeler manufacturer in the world. |
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2nd largest Tractor manufacturer in the world. |
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4th largest Car Market in Asia - one million plus vehicles. |
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5th largest Commercial Vehicle manufacturer in the world |
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India’s Passenger Car & Commercial Vehicle manufacturing is the Sixth Largest in the World, with an Annual production of more than 3.9 million units in 2011. |
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In 2010, India emerged as Asia’s Third largest Exporter of Passenger Car behind Japan, South Korea beating Thailand. |
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Second Fastest Growing Auto Market in the World growing in the average rate of 16-18 %. |
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From 2003 onwards the Indian Auto Industry have grown at a CAGR of 13.7% and only 10 % of Indian Household owing a Car. |
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According to the Society of Indian Automobile Manufacturers, annual vehicle sales are projected to increase to 4 million by 2015, no longer 5 million as previously projected. |
