The Two Wheeler Industry and a deep value opportunity » Capitalmind

India Automobile Industry

The automobile industry in India is 7.5% of GDP, it is 49% of manufacturing GDP and 26% of Industrial GDP. The industry directly employs 8 million people and indirectly 40 million people.

In 2018, India displaced Germany as the world’s fourth-largest market for sales by volume. The top three automobile markets are China, USA, and Japan.

The Indian automobile industry is classified into

Passenger vehicles – With 51% share, Maruti is the domestic market leader. Hyundai is the exports leader . . .



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *