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Automotive Manufacturing in India

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    Report

  • 51 Pages
  • May 2025
  • Region: India
  • MarketLine
  • ID: 2166647
Automotive Manufacturing in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
  • The Indian automotive manufacturing industry recorded revenues of $97.0 billion in 2024, representing a compound annual growth rate (CAGR) of 3.5% between 2019 and 2024.
  • Industry production volumes declined with a negative CAGR of 0.6% between 2019 and 2024, reaching a total of 28.7 million units in 2024.
  • The Indian automotive manufacturing industry’s production volume grew by 10.6% in 2024, which was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to the publisher, the rental car fleet in India stood at 24,325 units in 2024, an increase of 7.2% from the previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in India
  • Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India automotive manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the India automotive manufacturing market by value in 2024?
  • What will be the size of the India automotive manufacturing market in 2029?
  • What factors are affecting the strength of competition in the India automotive manufacturing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up India's automotive manufacturing market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the strategies of the players?
7.4. What are the recent developments in the industry?
8 Company Profiles
8.1. Tata Motors Ltd
8.2. Maruti Suzuki India Ltd
8.3. Mahindra & Mahindra Ltd
8.4. Ashok Leyland Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: India automotive manufacturing industry value: $ billion, 2019-24
Table 2: India automotive manufacturing industry volume: million units, 2019-24
Table 3: India automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: India automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: India automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: India automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: India automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: Tata Motors Ltd: Key Facts
Table 9: Tata Motors Ltd: Annual Financial Ratios
Table 10: Tata Motors Ltd: Key Employees
Table 11: Maruti Suzuki India Ltd: Key Facts
Table 12: Maruti Suzuki India Ltd: Annual Financial Ratios
Table 13: Maruti Suzuki India Ltd: Key Employees
Table 14: Maruti Suzuki India Ltd: Key Employees Continued
Table 15: Mahindra & Mahindra Ltd: Key Facts
Table 16: Mahindra & Mahindra Ltd: Annual Financial Ratios
Table 17: Mahindra & Mahindra Ltd: Key Employees
Table 18: Ashok Leyland Ltd: Key Facts
Table 19: Ashok Leyland Ltd: Annual Financial Ratios
Table 20: Ashok Leyland Ltd: Key Employees
Table 21: India Size of Population (Million), 2020-24
Table 22: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: India GDP (Current Prices, $ Billion), 2020-24
Table 24: India Inflation, 2020-24
Table 25: India Consumer Price Index (Absolute), 2020-24
Table 26: India Exchange Rate, 2019-24
List of Figures
Figure 1: India automotive manufacturing industry value: $ billion, 2019-24
Figure 2: India automotive manufacturing industry volume: million units, 2019-24
Figure 3: India automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: India automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: India automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: India automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in India, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in India, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in India, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in India, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in India, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in India, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tata Motors Ltd
  • Maruti Suzuki India Ltd
  • Mahindra & Mahindra Ltd
  • Ashok Leyland Ltd