In India there are 100 people per vehicle, while this figure is 82
in China. It is expected that Indian automobile industry will achieve
mass motorization status by 2014.
- The first automobile in India rolled in 1897 in Bombay.
- India is being recognized as potential emerging auto market.
- Foreign players are adding to their investments in Indian auto
industry.
- Within two-wheelers, motorcycles contribute 80% of the segment size.
- Unlike the USA, the Indian passenger vehicle market is dominated by
cars (79%).
- Tata
Motors dominates over 60% of the Indian commercial vehicle market.
- 2/3rd of auto component production is consumed directly by OEMs.
- India is the largest three-wheeler market in the world.
- India is the largest two-wheeler manufacturer in the world.
- India is the second largest tractor manufacturer in the world.
- India is the fifth largest commercial vehicle manufacturer in the
world.
- The number one global motorcycle manufacturer is in India.
- India is the fourth largest car market in Asia - recently crossed
the 1 million mark.
Source: http://www.surfindia.com/automobile/automobile-industry.html