INDIAN AUTOMOBILE INDUSTRY 2016

INDIAN AUTOMOBILE INDUSTRY 2016

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  HISTORY
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  ABOUT AUTOMOBILE INDUSTRY In recentyears the automobile industry in India has grown by leaps and bounds. In India it is one of the largest in the world and one of the fastest growing globally. The Indian Automobile Industry is manufacturing over 11 million vehicles and exporting about 1.5 million every year. About 91% of the vehicles sold are used by households and only about 9% for commercial purposes. In 2009, India emerged as the fourth largest exporter of automobiles.
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  Automotive Companies in India MajorMulti-national companiesMajor Indian Companies
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  TOP AUTOMOBILE COMPANYS ININDIA  Maruti Suzuki India Limited  Hyundai Motor India Limited  Tata Motors
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  MARUTI SUZUKI INDIA LIMITED MarutiSuzuki India Limited is leading the automobile industry in India for quite a longer number of years. The company began its journey in the year 1981 with its name as Maruti Udyog Limited. The company began to attract the market when it introduced its popular four-wheeler model Maruti 800.
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  HYUNDAI MOTOR INDIA LIMITED Companywas founded in the year 1998 and it is second largest car manufacturing company in India Was established as a subsidiary of auto giant of Korea, Hyundai Motor Company.  The company captured the hearts of Indian car lovers with the introduction of its Santro car model. Market Share: Passenger Vehicles 14.15%
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  Tata Motors holdsthe third position in the automobile industry. The company has occupied the first position in the commercial car manufacturing section. In the luxury car segment, the company has a market share of 6.4%. In case of multi-utility vehicles, its market share is 31.2%.
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  SOLAR CARS FERRARIMILLENIO AUDI MAKAON SPEED SAILOR AEROMOBILE 3.0 (RUNS IN AIR ) FUTURE CARS
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  FUTURE CARS LAMBORGHINI FERRUCIOMCLAREN JETSET RINSPEED SQUBA ( RUNS IN WATER) RINSPEED SPLASH (RUNS ON WATER )
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  CONCLUSION Auto industry islikely to clock a turnover in the range of Rs 2,04,000 crore to Rs 2,10,000 crore in 2011-12, up by 12-15 percent. Domestic car sales in August went on a down-slide, with the big three makers -- Maruti Suzuki India, Hyundai Motor India and Tata Motors. In July this year, domestic passenger car sales had fallen for the first time after 30 months of continuous growth, registering a 15.76 per cent decline