Indian Passenger Production Report FY 2016 give detail information on Indian Car Industry. Indian Passenger vehicle showed 6% growth in FY 2015-16. It is maximum growth after FY 2011.
Indian became attractive hub for producing vehicle and export to SAARC, Africa, Middle East and some European countries.
In Car production, Nissan counted in top 5 car producing in India but in sales, company is having only 1% market share. It exported 1,11,460 units in FY 2016.
Indian Passenger Vehicle Production Trend:
SUV and MUV segment showed 14% growth while Car 4% ad Van 6% growth regististered in FY 2016.
Indian Car Production FY 2016:
Maruti, Hyundai, Honda and Nissan are top producer of Car in India.
MUV SUV production:
Source, ACG databank, Company and SIAM