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The automobile industry in India is expected to be the world's third largest by 2016.

Growth of Automobile Industry in India - Infographic

Latest update: December, 2017

 

 

  • The automotive manufacturing industry comprises the production of commercial vehicles, passenger cars, and three & two-wheelers.
  • Two-wheelers are by far the most popular form of vehicle in India, taking an 80% share in 2015-16.
  • 25 million automobiles produced in FY17.
  • Total production volume grew at a CAGR of 5.56 per cent between FY12-17.

 

 

Source: Society of Indian Automobile Manufacturers (SIAM)

 

 

  • Two-wheelers and passenger vehicles dominate Indian auto market .
  • Two-wheelers and passenger cars accounted for 78 per cent and 15 per cent of production volume in FY17 respectively.
  • Domestic passenger car sales dominated by small and mid-size cars.
  • Over 67 per cent of export volumes comprised of two-wheelers, followed by 22 per cent for passenger cars.

 

 

Source: Society of Indian Automobile Manufacturers (SIAM)

 

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