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self-propelling MARKET & OPPORTUNITIES self-propelling MARKET & OPPORTUNITIES CONTENTS Indian Automotive Industry foodstuff size and Growth Overview of the Two Wheeler marketplace Overview of the passenger Vehicles Market Overview of the Commercial Vehicles Market Overview of the Three Wheeler Market Indian Partnerships with Foreign Firms Automotive Clusters in India Indias Automotive Policy and Status of Regulations Growth Potential of the Indian Automotive Industry 2 4 9 12 15 17 18 19 22 A report by IMaCS for IBEF 2 MARKET & OPPORTUNITIES Indian Automotive Industry Market Size and Growth Indian Automotive Industry Development and Growth Pre 1983 closed(a) market Growth of market limited by deliver Outdated models Players Hindustan Motors Premier telephone service Ashok Leyland Mahindra & Mahindra 1983-1993 Suzuki, Japan and GOI joint menace to form Maruti Udyog Joint ventures with companies in commercial vehicles and components Players Maruti Udyog Hindustan Motors Premier Telco Ashok Leyland Mahindra & Mahindra 1993-2007 Delicencing of the sector in 1993 Global major OEMs start group in India (GM, Ford, Honda, Hyundai, etc.

) Imports allowed from April 2001; alignment of duty on components and parts to ASEAN levels writ of execution of VAT The Indian automotive industry has the potential to emerge as one of the largest in the world. India ranks number two globally in the two-wheeler segment next only to China. It ranks 11th in cable car take and 13th in commercial vehicle production globally. With increasing industrial production and growing spending antecedent of the Indian middle class households, the country is expected to ramp up it to the top five markets in the cars and commercial vehicles segment by 2020. AutomotiveSales(DomesticandExports) 2007 2006 2005 2004 2003 2002 0 2 4 5.41 6 million units 8 10 12 6.25 7.29 8.53 CAGR 15.5% 9.71 11.12 Source:IndianAutomotiveSector In the year 2006-07, sales of... If you want to modernise a full essay, order it on our website: Orderessay

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