The Indian Automotive Industry Report

With India’s economy headed for long-term robust growth, the automotive sector is well-poised to reap the benefits. The Indian automotive market is expected to witness strong growth through the next decade, and has the potential to deliver long-term sustainable double digit growth in most vehicle segments.

The achievement of these volumes will ensure a strong & steady growth for the Supplier industry as well. Due to strong growth in vehicle manufacturing over the last two decades, Indian suppliers have attained a level of maturity where they have transformed into large groups with most Tier 1 groups having average annual revenues of more than USD 500 million. Some have even spread their wings outside India and are busy transforming their businesses globally.

Meanwhile, international OEMs and Suppliers are eyeing India for future growth; it also remains a favoured outsourcing hub for many automotive multinationals, not just for lower-cost manufacturing, but increasingly as a source of higher value innovation.

Indian Automotive Industry Report aims at bridging the knowledge gap for international OEMs and suppliers, helping them navigate through what is arguably the toughest market in the world. It covers the entire industry – from regulations to manufacturing; from macro-economics to all vehicle segments; and including detailed profiles of major OEMs and suppliers.

The report offers an exhaustive account of the current business environment in the country. It offers comprehensive, first hand interviews with industry executives government officials and leaders of trade bodies who gave an insight into how OEMs and suppliers are dealing with the current challenges and how their future plans. The analysis is supported by original forecasts and surveys.

For more info :   The Indian Automotive Industry Report

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