BRIEFING: A review of Indias' automotive industry

BRIEFING: A review of Indias’ automotive industry

This month’s briefing looks at Indias' automotive industry, it gives a political and economic overview, light vehicle market, and the manufacturing and components industry. The manufacturing sector has registered a steady growth in the past few years. Exports of manufactured goods from India surpassed US$22bn in 2005, up from US$6bn in 2000, and the Indian automotive supplier industry’s sales are expected to grow by around 14% in 2006 and 15 to 16% in 2007. Growth would be driven by strong demand for automobiles in the country, and high growth in exports of components. India is fast becoming a global outsourcing and strong skills base, and with the emergence of Indian suppliers into the global market, the Indian manufacturing industry is gearing up for expansion.

June 1, 2006

June 2006 management briefing

This month’s briefing looks at Indias’ automotive industry, it gives a political and economic overview, light vehicle market, and the manufacturing and components industry. The manufacturing sector has registered a steady growth in the past few years. Exports of manufactured goods from India surpassed US$22bn in 2005, up from US$6bn in 2000, and the Indian automotive supplier industry’s sales are expected to grow by around 14% in 2006 and 15 to 16% in 2007. Growth would be driven by strong demand for automobiles in the country, and high growth in exports of components. India is fast becoming a global outsourcing and strong skills base, and with the emergence of Indian suppliers into the global market, the Indian manufacturing industry is gearing up for expansion.

Download this briefing here