Abstract
The Indian automobile industry is one of the largest industries in the world. The industry accounts for 7.1 percent of the country's Gross Domestic Product (GDP). The Two Wheelers segment with an 80 percent market share is the leader of the Indian Automobile market owing to a growing middle class and a young population. Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector. The overall Passenger Vehicle (PV) segment has a 14 percent market share. India is also a prominent auto exporter and has strong export growth expectations for the near future. Overall automobile exports grew 13.01 percent year-on-year between April-December 2017. In addition, several initiatives by the Government of India and the major automobile players in the Indian market are expected to make India a leader in the Two-wheeler and four-wheeler market in the world by 2020.
Keywords: Automobiles Industries, Vehicles, Ratio, Financial Performance.
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