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Automobile Industry
India has emerged as a significant exporter of automobiles to various countries across the world, including the Middle East, Africa, and Latin America.
- India Procure helps businesses navigate the complex exporting processes as Indian automobile manufacturers have diversified their product range and exported two-wheelers, passenger vehicles, and commercial vehicles
- The industry has grown at a CAGR of 15.81% between 2015-2020
- Export volumes of Indian automobiles have consistently increased, indicating further growth potential
- The Indian government supports the industry through initiatives like Automotive Mission Plan, NATRiP, and the Make in India campaign
- The industry boasts a robust supply chain with a network of suppliers, manufacturers, and dealers
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Indian automobile manufacturers have access to advanced manufacturing facilities, which help them produce high-quality vehicles at competitive prices.
The Indian automobile industry has a skilled workforce essential for producing high-quality vehicles.
The industry has a robust supply chain, with a network of suppliers, manufacturers, and dealers, making it easier for manufacturers to export their products.
Indian automobile manufacturers are increasingly focusing on sustainable manufacturing practices, which helps them attract environmentally conscious buyers and enhances their reputation in the international market.
