A small description about the automobile industry in India, its history and how the automobile industry have effects on the economy of India.

1. Presented By
Neethu S Jayan

2. INTRODUCTION
 The automobile industry is a wide range of companies
and organizations involved in the design,
development, manufacturing, selling of motor
vehicles.
 It is world’s most economic sectors by revenue.

3. HISTORY
 The history of automobile can be divided into number of
eras.
 In 1768, the first steam powered automobile capable of
human transportation was built by Nicholas-Joseph
Cugnot.
 In 1807, Francois Isaac de Rivaz designed the first car
powered by an internal combustion engine fueled by
hydrogen.
 In 1886, the first petrol or gasoline powered automobile
was invented by Karl Benz.

4. ECONOMY
 The automobile industry contributes to the major portion
of the world’s economy.
 The automobile industry is expanding at a greater pace
and has a great impact in the economy.
 Sales of cars and light trucks in the U.S likely set a record
for 2015 at around 17.5 million vehicles.
 The car markets in China and India are expected to
continue expanding but offer a dose of uncertainity.

5. INDIAN AUTOMOBILE
INDUSTRY
 The Indian automobile industry includes two-wheelers,
trucks, cars, buses and three wheelers which play a crucial
role in growth of the Indian economy.
 India has emerged as Asia’s 4th largest exporter of
automobiles, behind Japan, South Korea and Thailand.
 The country is expected to top the world in car volumes
with approximately 611 million vehicles on the Nation’s
road by 2050.

6. MARKET SIZE
 Sales of passenger vehicle increased by 11.04% to
2,42,060 units in April 2016.
 Sales of passenger cars went up by 1.87% to 1,62,566
units in April 2016.
 The utility vehicles grew by 43% to 62,170 units.
 Sales of commercial vehicles maintained momentum and
grew by 17.36% to 53,835 units.
 The sale of scooters increased by 35.86% to 4,63,368
units.

7. GOVERNMENT INITIATIVES
 Mr. Nitin Gadkari, minister of Road Transport has
announced plans to set up a separate independent
department for transport comprising the experts from the
automobile industry.
 They aim to make automobiles manufacturing the main
diver of “Make In India” initiative as it expects passenger
vehicles market to triple to 9.4 million units by 2026.
 In the union budget of 2015-16, the government has
announced to provide credit of RS 8,50,000Cr to farmers
which is expected to boost the tractors segment sales.

8.  They plan to promote eco-friendly cars in the country ie;
CNG based vehicle, hybrid vehicle and electric vehicle
and also made mandatory of 5% ethanol blending in
petrol.
 The government has formulated a scheme for faster
adoption of manufacturing of electric and hybrid vehicles
in India under the National Electric and Mobility Mission
2020 to encourage the progressive induction of reliable,
affordable and efficient electric and hybrid vehicles in the
country.
 The Automobile Mission Plan (AMP) for the period 2006-
2016, designed by the government is aimed at accelerating
and sustaining growth this sector.

9. THANK YOU