Trade Analytics
Automobile
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, three & two-wheelers.
  • Two-wheelers are by far the most popular form of vehicle in India, taking an 80 per cent share in 2015-16. India became the largest two-wheeler market in the world after selling 17.7 million two-wheelers in 2016.
  • 25.3 million automobiles produced in FY17.
  • Total production volume grew at a CAGR of 4.43 per cent during FY12-17.
  • Automobile exports from India increased 15.81 per cent year-on-year in April-February 2017-18. During the same period, two and three-wheelers exports increased 20.30 per cent and 37.02 per cent, respectively.

Note: FY18* - up to February 2018
Source: Society of Indian Automobile Manufacturers (SIAM)



Source: World Wealth Report (2011) of Merrill Lynch Wealth Management and Capgemini, Aranca Research, media sources

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