🔍Insights
With over 1.3 Billion people, India is the second most populated country in the world and when there are so many people, almost everything is larger than life here. So naturally, it is not a surprise that India is the fifth largest automobile market in the world in terms
🔍Insights
The automobile business is one of the world’s fastest expanding and evergreen industries, particularly in India, where it plays a significant role in the country’s economic growth. Customers who are enthusiastic about cars and bikes will gain most from the industry’s perception of various automobiles culture of
📄Company Profiles
The scenario of public transport in India was not this better always. The middle class had no other option than to wait endlessly for boarding crowded buses. This is the time when mopeds were introduced to the Indian market, and mopeds soon won the hearts of the Indian middle class.
![Why is Ford Motors closing down its Manufacturing Plants in India? [Case Study]](https://static.startuptalky.com/2021/09/Why-is-Ford-leaving-India-StartupTalky--1-.jpg)
News 📰
The Indian automotive industry was left with even fewer brands as Ford Motors departed from the Indian markets on Friday. The motor giant had announced its decision to shut down all local manufacturing facilities on Thursday. The unpleasant news meant worse for car dealers and the company's employees
![Maruti Suzuki - History and Success in India [Case Study]](https://static.startuptalky.com/2021/08/Maruti-Suzuki-success-story-startuptalky.jpg)
🔍Insights
The Indian automobile industry is one of the most competitive sectors in the economy. There are approximately 5000 car dealers in India wherein approximately around 11 – 12 cars are being sold every minute. Be it SUV or sedan, as the standard of living is rising in India, people feel like
🔍Insights
According to the data from an online retailer, there has been an increase in the sale of used sports cars during the period of March to May. That was when the Covid-19 lockdown had implemented globally. Let’s look at the further details on the reasons for the increase in
car sales
A used car dealership business in India means that selling used cars to customers who are looking to own a vehicle but their savings money does not allow them to buy from ex-showroom price and earn profits. The COVID-19 (Coronavirus Disease) pandemic has placed the automotive industry at great disruption.
Automobile 🚗
India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in the passenger and commercial vehicles categories. Automobile export reached 4.77 million vehicles in FY20, growing at a CAGR of 6.94% during FY16-FY20. There are several initiatives by the Government
🔍Insights
The Indian automobile industry is the world’s fourth-biggest, auto mobile industry after the USA. It is presently the world's fourth-biggest producer of vehicles and 7th biggest producer of industrial automobiles .The size of the Indian automobile industry includes aspect manufacturing which is anticipated to attain Rs16.16-18.