Automotive Industry in India

Automotive industry in India From Wikipedia, the free encyclopedia Mahindra Scorpio, bingle of Indias scoop out selling indigenously developed SUV. inappropriate carmakers have construct plants in India. Shown here is an Indian-assembled A4 The Tata Nano - the cheapest car do in India The car industry in India is one of the largest in the world and one of the instant(prenominal) growing globally. Indias passenger car and commercialized vehicle manufacturing industry is the seventh largest in the world, with an yearbook takings of more than 3.7 one million million units in 2010.[1] jibe to re cent reports, India is set to conk Brazil to become the ordinal largest passenger vehicle manufacturing business in the world, growing 16-18 per cent to sell almost deuce-ace million units in the get over of 2011-12.[2] In 2009, India emerged as Asias quaternary largest exporter of passenger cars, behind Japan, to the south Korea, and Thailand.[3] As of 2010, In dia is home to 40 million passenger vehicles. much than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), make the country the second fastest growing automobile market place in the world.[4][5] According to the beau monde of Indian Automobile Manufacturers, annual vehicle sales atomic number 18 project to increase to 5 million by 2015 and more than 9 million by 2020.[6] By 2050, the country is anticipate to whirligig the world in car volumes with approximately 611 million vehicles on the nations roads.[7] The majority of Indias car manufacturing industry is based around collar clusters in the south, west and north. The southern cluster come on Chennai is the biggest with 35% of the revenue share. The western hub near Maharashtra is 33% of the market. The marriage cluster is primarily Haryana with 32%.[8] Chennai, is also referred to as the Detroit of India[9] with the India operations of Ford, Hyundai, Renault and Nissan headquartered in the city and BMW having an assembly plan! t on the outskirts. Chennai accounts for 60% of the countrys automotive...If you want to get a full essay, order it on our website: OrderEssay.net

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