HIGH PRIORITY MARKET - AUTOMOBILE
ROBUST GROWTH IN REVENUES
• The gross turnover of automobile manufacturers in India expanded at a CAGR of 11.72 per cent over FY07-15
• The domestic Two Wheelers segment accounted for 81 % of the total domestic market share * for the year 2014-15
Gross Turnover over the past few years ( USD billion )
CAGR : 11.72 %
58.6
66.3 67.6
74
2007 2008 2009 2010 2011 2012 2013 2014 2015 MARKET BREAK-UP BY PRODUCTION VOLUME
• Two wheelers dominate production volumes ; in FY15 , the segment accounted for about 79.17 per cent of the total automotive production in the country
• India is world ’ s sixth largest vehicles manufacturer globally . Further , India is the Asia ’ s second largest two wheeler manufacturer and fifth largest producer of commercial vehicles , fourth largest manufacturer of passenger car and the largest manufacturer of tractors .
Market share by volume ( FY15 )
MARKET BREAK-UP OF INDIVIDUAL SEGMENTS BY PRODUCTION VOLUME
Share in production of passenger vehicles ( FY15 ) Share in production of commercial vehicles ( FY15 )
Source : SIAM , TechSci Research , Notes : LCV – Light Commercial Vehicle ; MCV – Medium Commercial Vehicle ; HCV – Heavy Commercial Vehicle M & HCVs – Medium and Heavy Commercial Vehicles
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