Indian Automobile Industry
Thesis Statements
1. In Indian automobile industry, quality improvement is crucial. In aggregate, automobile businesses are there not only to produce quality products but also affordable, safe and environment-sensitive ones. This makes the Indian car brand competitive in both private, industrial and public utilities’ needs.
2. The automobile sector in India has been growing robustly. The market shares of the different types of vehicles show the increase of the demand pattern in this sector. Whereas, the Domestic Market Share for 2008-09 of Indian cars are 15.96% for Passenger Vehicles, 3.95% for Commercial Vehicles, 3.6% for Three Wheelers and 76.49% for Two Wheelers.
3. The automobile industry in India happens to be the 9th largest in the world. Following Japan, South Korea and Thailand, in 2009, India emerged as the fourth largest exporter of automobiles. Several Indian automobile manufacturers have spread their operations globally as well, asking for more investments in the Indian automobile sector by the MNCs.
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