Automotive Manufacturing in India
Summary
Automotive Manufacturing in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. Market value of the automotive manufacturing industry is calculated based on the manufacturer's selling price, excluding taxes and levies. Market volume represents the production of vehicles in a country in a specific year.
- The Indian automotive manufacturing industry recorded revenues of $84.6 billion in 2023, representing a compound annual growth rate (CAGR) of 2.8% between 2018 and 2023.
- Industry production volumes declined with a negative CAGR of 2.2% between 2018 and 2023, to reach a total of 25.9 million units in 2023.
- In 2023, the revenue of the Indian automotive manufacturing industry witnessed an annual growth of 7.4%. The growth is attributed to the 100% foreign direct investment (FDI) permitted by the government under the automatic method
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the automotive manufacturing market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in India
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India automotive manufacturing market with five year forecasts by both value and volume
- What was the size of the India automotive manufacturing market by value in 2023?
- What will be the size of the India automotive manufacturing market in 2028?
- What factors are affecting the strength of competition in the India automotive manufacturing market?
- How has the market performed over the last five years?
- How large is India’s automotive manufacturing market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in this sector?
- 7.2. What are the strengths of leading players?
- 7.3. What have been the most significant partnerships over the past few years?
- 7.4. What are the most notable recent developments in this industry?
- 8 Company Profiles
- 8.1. Tata Motors Limited
- 8.2. Maruti Suzuki India Limited
- 8.3. Mahindra & Mahindra Limited
- 8.4. Ashok Leyland Limited
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India automotive manufacturing industry value: $ billion, 2018-23
- Table 2: India automotive manufacturing industry volume: thousand units, 2018-23
- Table 3: India automotive manufacturing industry category segmentation: % share, by value, 2018-2023
- Table 4: India automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Table 5: India automotive manufacturing industry geography segmentation: $ billion, 2023
- Table 6: India automotive manufacturing industry value forecast: $ billion, 2023-28
- Table 7: India automotive manufacturing industry volume forecast: thousand units, 2023-28
- Table 8: Tata Motors Limited: key facts
- Table 9: Tata Motors Limited: Annual Financial Ratios
- Table 10: Tata Motors Limited: Key Employees
- Table 11: Maruti Suzuki India Limited: key facts
- Table 12: Maruti Suzuki India Limited: Annual Financial Ratios
- Table 13: Maruti Suzuki India Limited: Key Employees
- Table 14: Maruti Suzuki India Limited: Key Employees Continued
- Table 15: Mahindra & Mahindra Limited: key facts
- Table 16: Mahindra & Mahindra Limited: Annual Financial Ratios
- Table 17: Mahindra & Mahindra Limited: Key Employees
- Table 18: Mahindra & Mahindra Limited: Key Employees Continued
- Table 19: Ashok Leyland Limited: key facts
- Table 20: Ashok Leyland Limited: Annual Financial Ratios
- Table 21: Ashok Leyland Limited: Key Employees
- Table 22: India size of population (million), 2019-23
- Table 23: India real gdp (constant 2010 prices, $ billion), 2019-23
- Table 24: India gdp (current prices, $ billion), 2019-23
- Table 25: India inflation, 2019-23
- Table 26: India consumer price index (absolute), 2019-23
- Table 27: India exchange rate, 2019-23
- List of Figures
- Figure 1: India automotive manufacturing industry value: $ billion, 2018-23
- Figure 2: India automotive manufacturing industry volume: thousand units, 2018-23
- Figure 3: India automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Figure 4: India automotive manufacturing industry geography segmentation: % share, by value, 2023
- Figure 5: India automotive manufacturing industry value forecast: $ billion, 2023-28
- Figure 6: India automotive manufacturing industry volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the automotive manufacturing industry in India, 2023
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in India, 2023
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in India, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in India, 2023
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in India, 2023
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in India, 2023
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