@ nickatnitevery informative
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This is some info on the indian automobile industry i got while i was making a report on the auto industry of pakistan
Indian Automobile Industry
Snippets
• India is being recognized as potential emerging auto market.
• Foreign players are adding to their investments in Indian auto industry.
• Passenger vehicles sales crossed the mark of 1 million in 2004-05.
• Automobile industry expert predicts that by 2050 every sixth car in the world will be for Indians.
• 2/3rd of auto component production is consumed directly by OEMs.
India is the second-biggest market for small cars after Japan. It accounts for 60% of the domestic market.
Current Scenario
• India represents one of the largest two-wheeler markets in the world, with an estimated size of 5.4 million units a year.
• India is the two-wheeler capital of Asia with an average of 27 two-wheelers per thousand people, compared to China's 8 two-wheelers per thousand people.
• India became the fastest growing car market in the world in 2004, growth rate of 20%.
Facts & Figures
It seems that India has finally arrived in the big league of Asian car markets. Steady and impressive annual growth rate, presence of international automakers, relaxation of foreign exchange and equity regulations, reduction of tariffs on imports and few others are the components of its booming auto market. The country has now come to be recognized as a potential emerging auto market. The perception of foreign investors has changed, everybody wanting to be here.
For the first time, in the financial year end in 2005, the total sales of passenger vehicles - cars, utility vehicles and multi-utility vehicles - crossed the one-million mark to touch 1.06 million, with exports of 166,000 vehicles. Study says that by 2010 India will take over Germany in sales volumes and Japan by 2012. And by 2050, Indians will buy every sixth car produced in the world.
Apart from serving the domestic market, the auto sector has turned as a sourcing base for the global auto majors. The auto component market is also in its full swing. As per the research of RNCOS, one of the leading industry firm, the Indian automobile component industry is estimated to triple from USD 63 billion to USD 190 billion within a span of six years by 2012.
Indian Automobile Industry Estimation
Estimated turnover USD 12 billlion, plus components revenue USD 3 billion, this is the vastness of Indian automobile industry. Industry analysts predict this industry to touch USD 13000 million mark by 2010, a cumulative growth of 9.5% annually. It is said that for every Re 1 spent, the auto sector returns Rs. 2.24 to the Indian economy.
Cars by Price Range
Under Rs. 3 Lakhs
• Maruti 800, Alto, Omni
• Reva
Rs. 3-5 Lakhs
• Ambassador
• Fiat Palio
• Hyundai Santro, Getz
• Chevrolet Opel Corsa
• Maruti Zen, Wagon R, Versa, Esteem, Gypsy
• Ford Icon & Fiesta
• Tata Indica, Indigo
• Mahindra Bolero
Rs. 5-10 Lakhs
• Chevrolet Swing, Optra, Tavera
• Hyundai Accent, Elantra
• Mahindra Scorpio
• Maruti Baleno
• Toyota Corolla, Innova
• Tata Safari
• Mitsubishi Lancer, Lancer Cedia
• Honda City
Rs. 10-15 Lakhs
• Ford Mondeo & Endeavour
• Chevrolet Forester
• Skoda Octavia Classic & Combi
• Honda Civic & CR-V
Rs. 15-30 Lakh
• Maruti Suzuki Grand Vitara
• Hyundai Sonata Embera, Terracan & Tucson
• Mitsubishi Pajero
• Audi A4
• Opel Vectra
• Honda Accord
• Mercedes C Class
• Toyota Camry
Rs. 30-90 Lakhs
• Audi A6, A8 & TT
• BMW X5, 5 Series & 7 Series
• Mercedes E Class, S Class, SLK, SL & CLS-Class
• Porsche Boxster, Cayenne, 911 Carrera & Cayman S
• Toyota Prado
Above Rs. 1 Crore
• Bentley Arnage, Continental GT & Flying Spur
• Rolls Royce Phantom
• Maybach
Indian Auto Market Growth for the year 2005-06
• The domestic automobile industry sales grew 12.8 per cent at 89,10,224 units as against 78,97,629 units in 2004-05.
• The automotive industry crossed a landmark with total vehicle production of 10 million units.
• According to the Society of Indian Automobile Manufacturers (SIAM), car sales was 8,82,094 units against 8,20,179 units in 2004-05.
• The growth of domestic passenger car market was 7.5 per cent
• Car exports stood at 1,70,193 units against 1,60,670 units in 2004-05.
• The two-wheeler segment, the market grew by 13.6 per cent with 70,56,317 units against 62,09,765 units in 2004-05.
• Motorcycles had the upward march, 17.1 per cent in domestic market touching 58,15,417 units against 49,64,753 units in 2004-05.
• Scooter segment grew by 1.5 per cent, fall at 9,08,159 units against 9,22,428 units in 2004-05.
• Commercial vehicles segment grew at 10.1 per cent with 3,50,683 units against 3,18,430 units in 2004-05.
• Medium and heavy commercial vehicles managed a growth of 4.5 per cent against 23 per cent growth in the year ended March 31, 2005.
• Light commercial vehicles sales growth was 19.4 per cent at 1,43,237 units against 1,19,924 units in 2004-05.
• Three-wheelers sales rose by 17 per cent at 3,60,187 units against 3,07,862 units in 2004-05.
Two Wheeler segment as a whole during the year 2004/05 grew by over 15%. This growth has been due to the Government's initiative on rural roads and better connectivity with major towns and cities, improved agricultural performance, upward trend of purchasing power in the hands of rural people.
The two wheeler industry was able to achieve the record performance of crossing 6 million two wheelers with exact sales standing at 6,208,860 during the year 2004-05. The northward trend of growth among the two-wheelers is set to continue in the years ahead.
A brief input about the growth of various segment of two-wheelers with the statistics from their leading manufactures are as follows.
Scooters
2001-02 2002-03 2003-04 2004-05 2005-06
937506 848434 935279 987498 1020013
Though the metal bodied geared scooters have fallen out of favour of the Indian two-wheeler user their upward trend in growth has been due to rise in the sales of Scooterettes and Motor Scooters. Bajaj Auto has been able to sell 152,936 units in the year 2004/2005 of two wheelers which don't include motorcycles. They have shown a negative trend in the two wheeler segment other than the motorcycles. This goes on to show that Bajaj Auto has lost its supremacy in the Scooter and moped segment as they have shifted focus to motorcycles.
Motorcycles
2001-02 2002-03 2003-04 2004-05 2005-06
2906323 3876175 4355168 5193894 6201214
Motorcycles as has been mentioned through out this website have become the most preferred choice among all two-wheeler users. They account for nearly 80% of the total two wheeler sales in the country. This trend is set to continue as more and more models of this hot set of two wheelers enter the market. Bajaj Auto one of the largest manufactures of two wheelers in the country has managed to sell about 1,449,710 units of motorcycle in the year 2004/2005. Hero Honda which claims to be the largest manufacturer of two-wheeler in the world was able to sell 2.62 million motorcycles during the year 2005/2005. The company also accounts for half the market in the motorcycle segment.
Mopeds
2001-02 2002-03 2003-04 2004-05 2005-06
427498 351612 332294 348437 379574
Mopeds which were once the entry level options in the two-wheeler, have been replaced by entry level or price category bikes which provide all the comfort and advantages of a motorcycle but at an affordable price. Thus it has not come as a surprise that mopeds have shown a negative growth over the recent years. TVS Company one of the pioneers of mopeds manufactures of India was able to sell about 2.90 lakh of mopeds during 2005/2006. This trend is supposed to continue in the days to come, as the motorcycles race ahead other two-wheelers will find it difficult keep up with the pace of their growth.
dont have the source i had this file in a word document