India Auto Market at a Glance

2012-10-29

India is one of the countries with the fastest growth rate in terms of global auto sales as well as one of the world’s largest auto producers. In 2010, the market size of the Indian auto industry reported at USD48 billion and India is expected to become world’s seventh largest auto producer by 2016. According to the statistics, the auto output of India posted almost 3 million units for fiscal year 2010-2011.