Category Archives: Industry

Passenger Vehicle industry in India

Posted By Team MCG On

  Implementation of the Auto policy together with robust economic growth and globalisation encouraged rapid growth in domestic demand for automobiles.  The Indian automobile sector registered a growth rate of 10.8% during 2008-09 to 2013-14. Several international players have ventured into India and established manufacturing facilities. The production of passenger vehicle stood at around 3.07 million units in 2013-14, registering a growth rate of 6.9% per year since 2009-10.   Passenger cars with engine size […]