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Showing posts with label Mahindra. Show all posts
Showing posts with label Mahindra. Show all posts

Monday, January 28, 2013

Why Indian Auto Industry will never rule the world?


Facts as of Jan 2013:

  • Indian Automotive Industry has been one of the larger markets
  • Been fastest growing globally with now a more flat growth
  • India is the sixth largest passenger vehicle manufacturing industry in the world beating the likes of Belgium, UK, Canada & Russia.
  • Third largest exporter from Asia behind only Japan and South Korea.
  • Indian auto manufacturing industry largely based out of three clusters – Chennai in the south, Mumbai – Pune hub in the west and Gurgaon-Manesar in the north. Immense potential of growth in Gujarat in the West, Kolkata in the east and other NCR regions in the North
  • Follows indigenous Bharat Stage IV (and III) emission norms no less than other internationally known emission norms
  • Exports expected to cross $12 Billion by 2014
  • Exports to countries like US, UK, Germany, UAE, Spain, France, South Africa and many more
  • Houses global car giants like Aston Martin, Audi, Bentley, BMW, Bugatti, Chevrolet, Ferrari, Honda, Hyundai, Toyota, Lamborghini, Mercedes, Porsche, Rolls Royce and what not.
  • Acura, Infiniti, McLaren, Cadillac, Lexus, Jeep, Mazda and many others in various stages of official introduction to Indian market.

And yet?