DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Automobile Industry in India - Analysis of Growth, Trends and Forecast (2015 - 2020)" report to their offering.
India is well recognized Automobile manufacturing hub in the world because of its low cost production. Cheap labor, easy availability and low cost of raw materials and weak currency are the factors that are driving manufacturing Industry. India is 7th largest producer of Automobiles in the world with an average annual production of 23.36 Million vehicles and is expected to become 3rd largest automotive market by volume, by 2016.
Automobile accounts to 7.1% of the country's GDP by volume. As expected, more than Six Million vehicles will be sold annually in India, by 2020. Automobile component industry reached a mammoth US$ 41 billion in FY 2014-15 and is expected to reach US$ 110.7 billion by 2020. Growing working population and expanding middle class are the main drivers for the growth of automobile and automobile components industry in India.
The study elucidates the situation of India and predicts the growth of its Automobile industry. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Automobile Sector of India. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by various types of Minerals and Metals available in the country.
- Tata Motors
- General motors
- Mahindra and Mahindra
- Volkswagen Group
- Bharat Forge
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Key Findings of The Study
4. Market Overview
5. Market Dynamics
6. India Automobiles Market
7. Investment Analysis
7.1 Recent Mergers And Acquisitions
7.2 Investment Outlook
8. Future of India Automobile Market
9. Competitive Intelligence - Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/l8rtjk/automobile