India Automobile Industry
The Indian Automobile Industry is amongst the largest automobile markets in the world. It is up-and-coming as one of the fastest growing passenger car markets in the world. In recent days, the automobile industry in India is witnessing a flat and even negative growth rates. It is also the second largest two wheeler manufacturer country in the world. India is also the fifth largest commercial vehicle manufacturer.
The Indian automobile industry is becoming a budding hub for exporting sports utility vehicles (SUVs) to Europe, Southeast Asia and South Africa. Furthermore, hybrid and electronic vehicles are new expansion in the Indian automobile outlook. Nowadays, Indian manufacturers are focusing to develop new innovative products, technologies and resource chains.
The automobile plants in India are ranked among the best in the world in terms of quality and productivity. Following are the Indian automotive companies in India: Chinkara Motors, Force Motors, Hindustan Motors, International Cars & Motor Ltd, Mahindra, Premier Automobiles Limited, San Motors, Maruti Suzuki and Tata Motors.