ACG Research released the latest version of Indian Automobile Industry Outlook 2019. Now India became the 4th largest Automotive market in the world. Indian Automotive Industry contributed 7% in Indian GDP, providing employment of 19mn people, 40% share in Global GDP, and contributed 4.3% share in export.
The Auto industry is expected to reach 125 bn by 2020 and 280 bn by 2025 at a CAGR of 18%.
Indian Auto component Industry also plays an important role by contributing 2.3% in Indian GDP, expected to reach its turn over USD 200bn by 2025. The Auto component Industry growth rate is almost 20%.
In the Commercial Vehicle market, India is the second largest bus manufacturer, third largest Truck manufacturer, largest Tractor manufacturer. The country is producing around 25mn vehicle with 3.5mn exported. Key export markets are Africa, the Middle East, and South East Asia.
Electric and Hybrid Vehicle volume is now more than 1mn volume.
Key Highlights of the report:
The Indian Truck Industry showed showed 13% growth in FY 2026 compared to FY 2025.…
Indian Bus Market and Product Analytics is a unique analytics that covers various aspects of…
The Indian Electric Bus Market Forecast Report provides detailed strategic insights into the Indian Bus…
ACG released Application-wise Bus Market Forecast Data. The Indian Bus sales Industry registered 5% growth…
Indian Truck Fleet Owner Report is a detailed report based on the Truck fleet owner…
Indian Electric Two-wheeler Model Variants-wise sales forecast is macro-level data with a forecast for 2040.…