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Business » AutoMobile
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AutoMobile in India |
Automobile in India is growing fast and also much craze in the people of India. Many people want to drive luxurious car in this competitive market. In 1898, the first car rolled out on the streets of Mumbai and the Automobile in India has come a long way. During its early stages the auto industry was unnoticed by the then Government and the policies were also not favorable. The liberalization policy and a variety of tax reliefs by the Government of India in current years have made outstanding forces on Indian Automobile. A well developed transportation system plays a main role in the growth of Indian economy. With the increase of transportation system, the Automobile Industry of India is also growing at rapidly, occupying an important place on the 'canvas' of Indian economy.
Automobile Companies India
The Automobile companies in India are the seventh largest industry in the world with an annual production of over 2.6 million units. In 2009, India came out as Asia's fourth largest exporter of automobiles, behind Japan, South Korea and Thailand. By 2050, the country has expected to top the world in car volumes with just about 611 million vehicles on the nation's roads. There are one of the oldest automobile companies in the world based in India is Skoda Auto.
Today Indian automobile industry is fully proficient of producing various kinds of vehicles and can be divided into three broad categories: Cars, two-wheelers and heavy vehicles.
There are ranking the largest manufacturer by sales in India:
- Maruti Suzuki
- Hyundai
- Tata Motors
- Mahindra
- GM Chevrolet
- Honda
- HSD
- Ford
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