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Automobile Industry
Automotives

AUGUST

2012

For updated information, please visit www.ibef.org

1

Automotives

AUGUST

2012

Contents
 Advantage India  Market overview and trends

 Growth drivers
 Success stories: Maruti, Tata Motors  Opportunities

 Useful information

For updated information, please visit www.ibef.org

2

Automotives
Advantage India

AUGUST

2012

Growing demand
•

Innovation opportunities
•

FY16E
Market size: USD145 billion

Strong demand growth due to rising incomes, growing middle class, and a young population is likely to propel India among the world’s top five auto-producers by 2015 Growth in export demand is also set to accelerate

Tata Nano and the upcoming Pixel have opened up the potentially large ultra low cost car segment Innovation is likely to intensify among engine technology and alternative fuels

•

•

Advantage India
Rising investments
•

Policy support
•

India has significant cost advantages; auto firms save 10-25 per cent on operations in India compared to Europe and Latin America A large pool of skilled manpower and a growing technology base will induce greater investments

The government aims to develop India as a global manufacturing as well as R&D hub There has been a wide array of policy support in the form of sops, taxes and FDI encouragement

FY10
Market size: USD57.7 billion

•

•

Notes: R&D – Research and development, FDI – Foreign direct investment; FY – Indian financial year (April – March); FY16E – estimated figure for financial year 2016; estimates are from the government’s Automotive Mission Plan (2006 – 2016)
ADVANTAGE INDIA

For updated information, please visit www.ibef.org

3

Automotives

AUGUST

2012

Contents
 Advantage India  Market overview and trends  Growth drivers  Success stories: Maruti, Tata Motors  Opportunities  Useful information

For updated information, please visit www.ibef.org

4

Automotives
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