Automotive Industry in India

Automotive industry in India From Wikipedia, the free encyclopedia Mahindra Scorpio, mavin of Indias scoop out selling indigenously developed SUV. international carmakers have construct plants in India. Shown here is an Indian-assembled A4 The Tata Nano - the cheapest car make in India The car industry in India is one of the largest in the world and one of the instant(prenominal) growing globally. Indias passenger car and technical vehicle manufacturing industry is the seventh largest in the world, with an one-year action of more than 3.7 one million million units in 2010.[1] correspond to re cent reports, India is set to conk Brazil to become the one-sixth largest passenger vehicle manufacturing business in the world, growing 16-18 per cent to sell almost deuce-ace million units in the ply of 2011-12.[2] In 2009, India emerged as Asias quaternary largest exporter of passenger cars, behind Japan, in the south Korea, and Thailand.[3] As of 2010, India is home to 40 million passenger vehicles. to a greater extent than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), make the country the second fastest growing automobile merchandise in the world.[4][5] According to the beau monde of Indian Automobile Manufacturers, annual vehicle sales atomic number 18 project to increase to 5 million by 2015 and more than 9 million by 2020.

[6] By 2050, the country is anticipate to point the world in car volumes with approximately 611 million vehicles on the nations roads.[7] The majority of Indias car manufacturing industry is based around ternion clusters in the south, west and north. The southern cluster co me on Chennai is the biggest with 35% of the! revenue share. The western hub near Maharashtra is 33% of the market. The wedding cluster is primarily Haryana with 32%.[8] Chennai, is also referred to as the Detroit of India[9] with the India trading operations of Ford, Hyundai, Renault and Nissan headquartered in the city and BMW having an assembly plant on the outskirts. Chennai accounts for 60% of the countrys automotive...If you want to get a full essay, order it on our website: OrderEssay.net

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