2 WHEELER

COMMERCIAL VEHICLE

AUTO MOBI LE

3 WHEELER

PASENGER VEHICLE

Domestic Market Share for 2009-10 Passenger Vehicles Commercial Vehicles Three Wheelers Two Wheelers 15.86 4.32 3.58 76.23

In the race to be a superpower, India is making frequent and astounding advancements in all fields. From power generation to constructing modern roads, every sector has a huge impetus. Rising above all in a very distinct and appreciable way is the Automobile Sector of India. The automobile sector forms one of the fastest growing sectors in the Indian economy and so is the popularity of automobiles in India. A number of cars and other automobiles are imported and exported every year. Indian Automobile market witnesses a large scale manufacturing of cars, bikes, vans, buses and tractors. The Indian automobile Industry is currently growing at a remarkable pace of around 18 % per annum. The technological changes and progress successfully led to the progress of automobile sector in India.

Starting its journey from the day when the first car rolled on the streets of Mumbai in 1898, the Indian automobile industry has demonstrated a phenomenal growth to this day. Today, the Indian automobile industry presents a galaxy of varieties and models meeting all possible expectations and globally established industry standards. Some of the leading names echoing in the Indian automobile industry include Maruti Suzuki, Tata Motors, Mahindra and Mahindra, Hyundai Motors, Hero Honda and Hindustan Motors in addition to a number of others. During the early stages of its development, Indian automobile industry heavily depended on foreign technologies. However, over the years, the manufacturers in India have started using their own technology evolved in the native soil. The thriving market place in the country has attracted a number of automobile manufacturers including some of the reputed global leaders to set their foot in the soil looking forward to enhance their profile and prospects to new heights. Following a temporary setback on account of the global economic recession, the Indian automobile market has once again picked up a remarkable momentum witnessing a buoyant sale for the first time in its history in the month of September 2009. The automobile sector of India is the seventh largest in the world. In a year, the country manufactures about 2.6 million cars making up an identifiable chunk in the worlds annual production of about 73 million cars in a year. The country is the largest manufacturer of motorcycles and the fifth largest producer of commercial vehicles. Industry experts have visualized an unbelievably huge increase in these figures over the immediate future. The figures published by the Asia Economic Institute indicate that the Indian automobile sector is set to emerge as the global leader by 2012. In the year 2009, India rose to be the fourth largest exporter of automobiles following Japan, South Korea and Thailand. Experts state that in the year 2050, India will top the car volumes of all the nations of the world with about 611 million cars running on its roads. At present, about 75 percent of Indias automobile industry is made up by small cars, with the figure ranking the nation on top of any other country on the globe. Over the next two or three years, the country is expecting the arrival of more than a dozen new brands making compact car models. Recently, the automotive giants of India including General Motors (GM), Volkswagen, Honda, and Hyundai, have declared significant expansion plans. On account of its huge market potential, a very low base of car ownership in the country estimated at about 25 per 1,000 people, and a rapidly surging economy, the nation is firmly set on its way to become an outsourcing platform for a number of global auto companies. Some of the upcoming cars in the India soil comprise Maruti A-Star (Suzuki), Maruti Splash (Suzuki), VW Up and VW Polo (Volkswagen), Bajaj small car (Bajai Auto), Jazz (Honda) and Cobalt, Aveo (GM) in addition to several others.

Key success factors 1. Due to low cost of labor many multinational companies are investing in India. 2. India is the second most populated country in the World, and the growth rate of 3. Indian economy is very high, which indicates the presence of huge demand in automobile sector 4. Government has also contributed in this growth by liberalizing the norms for

5. foreign investment and import of technology and that appears to have benefited the automobile sector. 6. The increase in the exports of automobile sector is also due to the adaptation of international standard 7. the increase in sales after the launch of the small car like Nano, Beat, led to the robust growth
in the Indian automobile sector,

List of companies in India

List of Top Automobile Companies in India and their market share for the year 2009 Maruti Suzuki India Limited (MSIL)
Maruti Suzuki India is an undisputed leader in the Indian automobile industry. Started its journey in February 1981as Maurti Udyog Limited, the company created history in the Indian automobile market with its hugely popular fourwheeler model Maruti 800. The company became the first Indian automobile company to manufacture one million vehicles in 1994. The company became Maruti Suzuki India Limited on September 17, 2007. Maruti sold 83,306 units of vehicles in September 2009, comparing to 71,000 units in the same month in the previous year (with a growth rate of 17.3%). It also exported 11,712 units during September 2009, comparing to 6,318 units in the same month in the previous year (with a growth rate of 85.4%)

According to the Society of Indian Automobile Manufacturers (SIAM), the market leader sold 2,82,488 cars during the April-July period (2010), representing a 47.68% share in the overall 5,92,405 units market..

Hyundai Motor India Limited (HMIL)

Hyundai Motor India Limited, founded in 1998 and a subsidiary of Korean auto giant Hyundai Motor Company, is the

second largest car manufacturer in India. It is also country's largest passenger car exporter. Hyundai Motor came very close to the hearts of the Indian auto lovers through its flagship model Santro. After the recession, Hyundai Motor saw a growth rate of 25% in the domestic market. During September 2009, HMIL sold 53,804 units, comparing to 46,218 units during September 2008. In the domestic market, it sold 27,803 units in September 2009, comparing to 22,311 during September 2008. The overseas sales during the same period also grew up 9% as it sold 26,001 units in September 2009, comparing to 23,907 units during the same month in the previous year.

Tata Motors
Tata Motors is the third largest car manufacturer in India. It also occupies the number one position in commercial car segment. Tata Motors enjoys 31.2% of market share in the multi utility vehicles, which in luxury car segment, it has 6.4% market share. Tata sold 52,531 units of vehicles during September 2009, comparing to 49,647 units during September 2008 (a growth of 6%). In domestic market, Tata Motors sold 49,650 units during the same period, comparing to 45,234 units in September 2008.

Mahindra & Mahindra Limited (M&M)

Mahindra &Mahindra Limited is another auto-giant in India. A part of the Mahindra Group, M&M is the largest SUV maker in the country. In September 2009, M&M registered a dom estic sale of record 26,921 units, comparing to 22,729 units in September 2008 (with an increase of 18.4%). On the other hand, it sold 15,296 units of UV in the same period comparing to 10,641 units in September 2008 (with a whooping growth of 43.7%).

Hero Honda Motors Limited (HHML)

Hero Honda Motors Limited, the joint venture between Hero Group and Honda, is the biggest two-wheeler manufacturers in the world. It shook the Indian two-wheeler market with its famous model Hero Honda Splendor, which became the largest selling motorcycle in the world. It consistently sold more than 1 million units of Splendors every year. In 2008-09, Hero Honda sold about 3.28 million bikes and registered a net profit of Rs. 1281.7 crore. It sold 4,01,290 units of two-wheeler in September 2009, comparing to 3,85,262 in September 2008. It already sold 11,83,235 units of two-wheelers in Q2 of FY10 with a growth rate of 21.7% against the corresponding period of the previous year.

Bajaj Auto
Bajaj Auto is the second largest two-wheeler manufacturer in India. It is also the fourth largest two and three-wheeler maker in the world. In September 2009, Bajaj Auto sold 249,795 units of two-wheelers, comparing to 218,494 units in September 2008 (with a growth rate of 14.3%). During September 2009, it also registered a growth of 12.4% in the domestic two-wheeler sales and 19.9% in two-wheeler export.

General Motors India Private Limited (GM India)

General Motors India Private Limited is another top player in Indian autom obile industry. A wholly-owned subsidiary of the auto giant General Motors, GM India saw a Y-o-Y sales growth of 49% in September 2009 with a sale of 7,654 units, comparing to 5,154 units in September 2008.

Honda Siel Cars India Limited (HSCI)

Honda Siel Cars India Limited, a joint venture between the Japanese auto giant Honda Motor Company Limited and the Indian company Siel Limited, started its operation in December 1995. In September 2009, HSCI sold 5,794 units, comparing to 3,104 units in September 2008 (with a growth rate of 86.7%).

Toyota Kirloskar Motor Private Limited (TKM)

Toyota Kirloskar Motor Private Limited is another top Indian automobile company. A joint venture between the Japanese auto giant Toyota Motor Corporation and Kirloskar Group, TKM has a number of car models including Innova, Corolla, Fortuner, Camry and the Land Cruiser Prado. It sold 7,657 units in December 2009.

Hindustan Motors
Hindustan Motors is another top automobile company in India. It was once country's largest car manufacturer before

Maruti Udyog overpowered it. Its popular model Ambassador has been extensively used as government limousine as well as taxi cab in India.

MARKET SHARE IN THE YEAR 2010

Future prospects of Automobile industries

1.

Automobile industry expert predicts that by 2050 every 6th car in the world will be from India.

2. 3.

4.

By 2012 India will take over Japan in sales volume . The Indian automobile component industry is estimated to triple from US$ 63 billion to US$ 190 billion within a span of six years by 2012. Nissan motors plans to export 2,50,000 vehicles manufactured in its India plant in this year. (If u get some more please add it)