The mission of the Automotive industry – one of the most globalised industries – is to provide safe and accessible transportation for the world’s increasing population. The industry is one of the main engines of economic growth, with important multiplier effects both in upstream sectors such as metal processing, chemicals, and textiles, and in downstream sectors like ICT, trade and services. It is also one of the biggest innovators on a global scale, rapidly adopting breakthrough technologies that address the need for more efficient and environmentally-friendly transport solutions.
The Automotive industry involves the manufacturing of bodies, engines, parts and whole vehicles for ground transportation. Such vehicles include motorcycles, cars, light commercial vehicles and heavy commercial vehicles.
In FY2019, the main growth driver of the Indian motor vehicle industry was a solid increase of domestic demand, which grew at a CAGR of 8.7% between FY2016 and FY2019. Domestic demand accounted for an average 85.6% of total output during ...
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In Q3 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 7mn units. On a quarterly basis, production increased by 8.3% in Q3 FY2021 (up from 6.5mn units in Q2 FY2021, excluding commercial vehicles). Along this ...
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In Q2 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 6.5mn units. On a quarterly basis, production increased by 353.1% q/q in Q2 FY2021 (up from 1.4mn units ...
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The Asian region is home to some of the world’s biggest automotive brands, which has eventually resulted in the birth of local brands in some of the countries. The Asian countries featured in this report – China, India, Thailand ...
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In Q4 FY2020, the automotive output volume in India reached 5.62mn units. This performance was well below the average production volume of the last seven quarters (from Q1 FY2019 to Q3 FY2020), which averaged 7.38mn units. On a quarterly basis, ...
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In Q3 FY2020, the automotive output volume in India reached 6.31mn units. This performance was well below the average production volume of the preceding six quarters (Q1 FY2018 to Q2 FY2020) which averaged at 7.56mn units. On a quarterly basis, ...
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The automotive industry is the backbone of Indian heavy industry, with linkages to the steel, aluminium, rubber, plastic, and glass manufacturing industries, amongst others. Sectors such as logistics, banking and insurance, repair services, and fuel ...
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In FY2019, the main growth driver of the Indian motor vehicle industry was a solid increase of domestic demand, which grew at a CAGR of 8.7% between FY2016 and FY2019. Domestic demand accounted for an average 85.6% ...
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In terms of vehicle numbers, automotive production in India in Q1 FY2020 – i.e. in April, May and June 2019 – saw a continuation of the slowdown registered in the second half of FY2019, when sector performance was hit hard by declining ...
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