Dun & Bradstreet expects the passenger vehicles sales to grow by an average annual
growth rate of 9% during FY 17-19.
The Indian automobile industry is one of the largest in the world. It accounts for
45% of the country's manufacturing gross domestic product and 7.1 % of the country's
GDP. The current low level of vehicle penetration, rising incomes and aspirations
of the Indian consumer, wide availability of vehicle models at different price points,
inadequate public transport, greater focus of OEMs on the under-penetrated rural
and semi-urban markets.
The automobile industry employs about 19 million people directly and indirectly.
India is the fourth largest manufacturer of passenger cars. Since Apr 00 to Sep
16, the automobile industry has received FDI equity inflows of US$ 15.7 billion,
accounting for 5% of the total FDI inflows in this period.
D&B's Sector Watch
Dun & Bradstreet Sector Watch analyses the various key aspects of the industry and
assesses the future prospects of the industry. The sector reports aim to provide
the reader not only a quick snapshot of the industry, but also present, in simple
terms, the changing face of the industry and to where it is headed over the coming
- Current Status of the Sector
- Demand-Supply Dynamics
- Key Challenges Faced
- Future Demand Drivers
- Dun & Bradstreet's Outlook on the industry's future prospects
Check out D&B Sector Watch Report