Automobile industry in India: Wikis

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The automobile industry in India is the ninth largest in the world with an annual production of over 2.3 million units in 2008.[1] In 2009, India emerged as Asia's fourth largest exporter of automobiles, behind Japan, South Korea and Thailand.[2]

Following economic liberalization in India in 1991, the Indian automotive industry has demonstrated sustained growth as a result of increased competitiveness and relaxed restrictions. Several Indian automobile manufacturers such as Tata Motors, Maruti Suzuki and Mahindra and Mahindra, expanded their domestic and international operations. India's robust economic growth led to the further expansion of its domestic automobile market which attracted significant India-specific investment by multinational automobile manufacturers.[3] In February 2009, monthly sales of passenger cars in India exceeded 100,000 units.[4]

bryonic automotive industry emerged in India in the 1940s. Following the independence, in 1947, the Government of India and the private sector launched efforts to create an automotive component manufacturing industry to supply to the automobile industry. However, the growth was relatively slow in the 1950s and 1960s due to nationalisation and the license raj which hampered the Indian private sector. After 1970, the automotive industry started to grow, but the growth was mainly driven by tractors, commercial vehicles and scooters. Cars were still a major luxury. Japanese manufacturers entered the Indian market ultimately leading to the establishment of Maruti Udyog. A number of foreign firms initiated joint ventures with Indian companies.[5]

In the 1980s, a number of Japanese manufacturers launched joint-ventures for building motorcycles and light commercial-vehicles. It was at this time that the Indian government chose Suzuki for its joint-venture to manufacture small cars. Following the economic liberalisation in 1991 and the gradual weakening of the license raj, a number of Indian and multi-national car companies launched operations. Since then, automotive component and automobile manufacturing growth has accelerated to meet domestic and export demands.[5]

Contents

Exports

India has emerged as one of the world's largest manufacturers of small cars. According to New York Times, India's strong engineering base and expertise in the manufacturing of low-cost, fuel-efficient cars has resulted in the expansion of manufacturing facilities of several automobile companies like Hyundai Motors, Nissan, Toyota, Volkswagen and Suzuki.[6]

In 2008, Hyundai Motors alone exported 240,000 cars made in India. Nissan Motors plans to export 250,000 vehicles manufactured in its India plant by 2011.[7] Similarly, General Motors announced its plans to export about 50,000 cars manufactured in India by 2011.[8]

In September 2009, Ford Motors announced its plans to setup a plant in India with an annual capacity of 250,000 cars for US$500 million. The cars will be manufactured both for the Indian market and for export.[9] The company said that the plant was a part of its plan to make India the hub for its global production business.[10] Fiat Motors also announced that it would source more than US$1 billion worth auto components from India.[11]

According to Bloomberg L.P., in 2009 India surpassed China as Asia's fourth largest exporter of cars.[2]

Indian automobile companies

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Notable Indian automobile manufacturers

Electric car companies in India

Notable Multi-national automobile manufacturers

Locally manufactured Automobiles of Multi-national Companies

Cars sold in India as CBU (Completely Built Units)

Further reading

Footnotes

  1. ^ Timmons, Heather (2007-10-11). "In India, a $2,500 pace car". International Herald Tribune. http://www.iht.com/articles/2007/10/12/business/12cars.php. Retrieved 2009-01-12. 
  2. ^ a b Suzuki, Hyundai’s Indian Car Exports Beat China’s
  3. ^ Draft Automotive Mission Plan 2006-2016. Ministry of Heavy Industries & Public Enterprises, Government of India, New Delhi
  4. ^ "Car sales rise 22% in Feb". The Economic Times. 2009-03-10. http://economictimes.indiatimes.com/News/News-By-Industry/Car-sales-rise-22-in-Feb/articleshow/4247812.cms. Retrieved 2009-03-16. 
  5. ^ a b "Timeline: India's automotive industry". BBC News. 2007-04-03. http://news.bbc.co.uk/2/hi/business/6478685.stm. Retrieved 2009-01-12. 
  6. ^ More Cars Are Coming From India
  7. ^ "Nissan upcoming Chennai plant to be its global small car hub - WheelsUnplugged Automobile Industry News". Wheelsunplugged.com. http://www.wheelsunplugged.com/ViewNews.aspx?newsid=3609. Retrieved 2009-07-09. 
  8. ^ Jose, Darlington (2009-06-25). "GM to make India small car hub". mydigitalfc.com. http://www.mydigitalfc.com/companies/gm-make-india-small-car-hub-733. Retrieved 2009-07-09. 
  9. ^ WORLD BUSINESS BRIEFING | ASIA - India: Ford Plans to Build Small Cars
  10. ^ Ford Set to Start Production of Small Car in India
  11. ^ Fiat Purchasing to source $1 bln parts from India
  12. ^ Ashok Leyland
  13. ^ Chinkara Motors
  14. ^ Force Motors
  15. ^ Hindustan Motors
  16. ^ Mahindra
  17. ^ Maruti Suzuki - Showroom
  18. ^ Premier Automobiles Limited
  19. ^ San Motors
  20. ^ Tata Motors - Products
  21. ^ "Indian Company to Build Electric Car to Challenge Nano". EVWorld.com. 2008-04-12. http://www.evworld.com/news.cfm?newsid=17985. Retrieved 2009-01-12. 
  22. ^ "India's Mahindra Planning E4-Seat Electric Car for 2010". EVWorld.com. 24 August 2008. http://www.evworld.com/news.cfm?newsid=18999. Retrieved 2009-01-12. 
  23. ^ "Hero Electric Plans E-Car Launch in Five Years". Evworld.com. 24 August 2008. http://www.evworld.com/news.cfm?newsid=19001. Retrieved 2009-01-12. 
  24. ^ "Tara Introduces $2450 Electric Car". EVWorld.com. 17 March 2008. http://www.evworld.com/news.cfm?newsid=17794. Retrieved 2009-01-12. 
  25. ^ "Tata Announces It Is Developing Electric Car". EVWorld.com. 26 July 2008. http://www.evworld.com/news.cfm?newsid=18776. Retrieved 2009-01-12. 
  26. ^ http://www.chevrolet.co.in. "Chevrolet Cars India,New Cars in India,Latest Car Models India,Chevrolet Spark,Aveo UVA,Optra,Tavera". Chevrolet.co.in. http://www.chevrolet.co.in/content_data/AP/IN/en/GBPIN/001/index.html. Retrieved 2009-10-19. 
  27. ^ a b Fiat India
  28. ^ Ford India
  29. ^ Honda India
  30. ^ Hyundai India
  31. ^ Misubishi India
  32. ^ Mahindra Renault
  33. ^ a b Škoda Auto - Homepage
  34. ^ a b Toyota Bharat
  35. ^ Volkswagen India - Models
  36. ^ Audi India > Models
  37. ^ Bentley New Delhi
  38. ^ BMW India : The BMW Vehicle Range
  39. ^ Honda Cars India
  40. ^ Honda Civic Hybrid
  41. ^ Jaguar India - Jaguar Cars - Home
  42. ^ Lamborghini.DEALERS
  43. ^ Land Rover - India :: Home
  44. ^ Maybach Representatives
  45. ^ Mercedes-Benz India
  46. ^ Nissan Home
  47. ^ Porsche India - Home - Dr. Ing. h.c. F. Porsche AG
  48. ^ Home - Dr. Ing. h.c. F. Porsche AG
  49. ^ Rolls-Royce Mumbai
  50. ^ Models
  51. ^ Volvo Car India

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