Report: Automobile Industry in India - Market Overview and Analysis

This report provides an overview of the Indian automobile industry, highlighting its significance and growth. It discusses the industry's contribution to the Indian economy, its position in the global market, and the increasing demand for vehicles. The report emphasizes the industry's size, with a focus on the different segments such as two-wheelers, passenger vehicles, three-wheelers, and commercial vehicles. Furthermore, it mentions the industry's attractiveness to foreign investors and the competitive market dynamics. The report also includes references to relevant sources, such as KPMG reports and academic publications, to support the analysis and findings. This report offers a valuable insight into the current state and future prospects of the Indian automobile industry.

Running head: AUTOMOBILE INDUSTRY IN INDIA
Automobile Industry in India
Name of the student:
Name of the University:
Author Note:

1AUTOMOBILE INDUSTRY IN INDIA
The automobile industry is one of the fastest growing industries in the world. The Indian
automobile industry is a well-established one. It is the second largest two-wheeler retailer in the
world. India is also the fourth largest commercial vehicle market. India ranks the eleventh in the
highest number of passenger car market in the world (Law,2017). Thus, the position of India in
the automobile industry is significant in comparison to the various countries in the world.
With the rise in the population in India, the demand for public and private transportation
has been increasing steadily, with the requirement of moving from one place to the other.
Various multi-national automobile companies have been investing in the Indian market with the
increase in the demand in the Indian market (Luthra, Garg & Haleem, 2015). A report of the
automobile industry in 2012 estimated the turnover of this industry to be USD 354 billion
(KPMG, 2016). Thus, the industry is a highly competitive market offering high growth
opportunity for the investors (Law,2017). The Indian automobile industry of India is estimated to
be worth of 24,000 billion. 65% of the total market is attributed to two-wheelers, with 19%
passenger vehicles, 11% three-wheeler vehicles and 3% commercial vehicles (KPMG, 2016).
The automobile industry is one of the most important industries in India, with a huge
number of populations being employed in this sector. This industry forms a major portion of the
economy, and helps the country to more towards growth and development. Indian automobile
industry is one of the fastest growing industries, attracting foreign investors.

2AUTOMOBILE INDUSTRY IN INDIA
References
KPMG. (2016). Investing in India FICCI - NICCT. New Delhi: KPMG. Retrieved from
https://www.nicct.nl/wp-content/uploads/KPMG-FICCI-Investing-India.pdf
Law, C. M. (2017). Restructuring the global automobile industry(Vol. 4). Taylor & Francis.
Luthra, S., Garg, D., & Haleem, A. (2015). Critical success factors of green supply chain
management for achieving sustainability in Indian automobile industry. Production
Planning & Control, 26(5), 339-362.

3AUTOMOBILE INDUSTRY IN INDIA