Automotives sector sales have been rising at an impressive 17 per cent compound annual growth rate (CAGR) over the last five years. Cars are the fastest growing segment, with a CAGR of 23 per cent in the same period. Cars account for two thirds of overall automotives revenues in the country. Trucks account for 22 per cent, while two wheelers account for the remaining 12 per cent.
Automotives production has increased at a CAGR of 13.3 per cent over the FY05-11. Passenger vehicles are the fastest growing segment with a CAGR of 16.3 per cent over the same period.
By volume, two wheelers account for three-fourths of the entire market. India is the world’s 2nd largest two wheeler producer and 4th largest commercial vehicle producer. Two wheelers accounted for the largest share in exports (by volume) at 66 per cent in FY11. Passenger vehicles account for a sizeable 19 per cent of overall exports
Accumulated FDI inflows into the automotives sector over April 2000 - August 2010 was US$ 4.7 billion (4.5 per cent of total FDI) - The last three years (2007-10) accounted for 40 per cent of this total (US$ 1.9 billion).
Click here to Download File (Size: 1.39 MB )