India Automotive Market Review
India automotive market review - forecasts to 2014
In 2008/09, India’s automotive industry generated a turnover of US$55bn. This included vehicle sales of US$36bn and component, tyre and aftermarket sales of US$19bn. In value terms, passenger cars accounted for 45% of industry turnover, while commercial vehicles accounted for 27%. The balance was attributed to two wheelers and three wheelers.