Finance In India
Credit Cards Foreign Banks Nationalised Banks Private Banks Mutual Funds Economy of India Insurance In India
BPO Industry
Cement Industry
Demands of the Indian Agricultural Industry
Entertainment Industry
Fashion Industry
Foreign Direct Investment
Hotel Industry
India GDP
Indian Automotive Industry
Inflation in India
Insurance Sector
IT Industry
Oil & Gas Industry
Paper Industry
Pharmaceutical Industry
Real Estate Sector
Retail Industry
Service Sector  
Steel Industry
Telecom Industry
Textile Industry
The Flying Colors of Aviation Industry in India
Tourism Industry
Mutual Funds of India
Bank of Baroda Mutual Fund India
Birla Sun Life Mutual Fund India
Kotak Mahindra Mutual Funds
Reliance India
SBI Mutual Funds
Insurance In India
India Home Insurance Industry
India Motor Insurance Industry
Max New York Life Insurance
Group Insurance Policy
Term Life Policy
 

Indian Automotive Industry

Indian automobile industry has been a key factor in driving the economy to the positive levels.

However, no one really knows the origin of this industry, but what is known is that, over 4000 years ago, the country had used wheels as a form of transportation.

Over time, the industry has constantly evolved. A classic vehicle that still stand out today as an Indian creation is the Rolls-Royce which was engineered as a luxury vehicle.

This car was said to be engineered for the rich and wealthy. From its design, the Rolls-Royce had a folding windscreen and hood, an aluminum body, genuine leather interior and a quiet 6-cylnder engine. Most of the time, this vehicle was chauffeur driven. This car was rated as being the best luxury automobile in 1909.

Another key success vehicle was the De Luxe sedan in 1937. This vehicle was engineered for a family set up. During this time, vehicles at that time were more streamlined and less boxy compared to vehicles manufactured earlier.

The sedan’s special features included a roomy interior that could accommodate a family comfortably, tubeless tires, sealed-beam headlights, automatic transmission among others. Definitely this was a must have in most families that had to maintain their status quo in the society.

The government of India has played a major role in ensuring that this industry continues to thrive and being a major employer and economic growth stimulator. The government made policies favorable and growth of this sector has grown to a minimum of 18% per annum.

Major automotive manufacturers like Ford, GM and Volvo have made the country a major destination for manufacturing of their motor vehicles. This is simply because the country offers high technology and man power at very affordable pay packages.

The three wheeler vehicles are commonly associated with India’s Tata car manufacturer. Tata a government controlled entity has managed to populate the world with its brand and some governments globally recommending the vehicles to be used in government organizations due to their fuel efficiency and low maintenance costs.

In the automobile industry in India, foreigners are adding their investment into this industry, the country has over 60% of its Tata motor vehicles dominating the countries roads and the country has the largest manufacturer in the world of two-wheelers such as the motorbikes. Recently the country was ranked as being the fourth largest car market in Asia.


Banks In India
Nationalised Banks Private Banks Foreign Banks