Rise of Indian Automobile Manufacturing

India automobile manufacturing come through a tough patch of socialism and License Raj. When India gained independence, Hindustan Motors was the only Indian car maker in India. The Nehruvian Socialism had a pretty bad impact on Indian Automobile sector. In 1954, Ford & GM down their shutters due to License Raj.

Things started to shape when Sanjay Gandhi planned to manufacture car in India. Maruti Udyog Limited was formed with JV along side Japanese automobile maker Suzuki. Maruti 800 was the first car that rolled out from the newly formed JV. This rose the Indian car sales to 1 lakh in 1985. This rose to 2 lakh in 1989. It take 15 years to increase the value 5 times when 10 lakh cars were sold in 2004. By 2010, 25 lakh cars were sold in India.

1991 was considered as a remarkable year for Indian economy when Indian economy is liberalized to the foreign investors. The first 3 foreign companies to come to India are - Ford, General Motors and Hyundai. In 1960, SIAM (Society of Indian Automobile Manufacturers) had just 8 members. 55 years later in 2015 that rose to 49.

Back in 1970, World car manufacturing was 29.42 million where as India's share was meagre 76409 (0.26%). In 2018, world manufacturing rose to 95.63 million whereas India's manufacturing was 5.17 million (5.41%). It means in past 50 years, World manufacturing grew 3.25 times whereas Indian manufacturing grew 67.66 times.

The foreign car and Motorbike makers with manufacturing plants in India are -

Hyundai - Chennai - Opened in 1996

Mercedes Benz (Daimler) - Pune - Opened in 2009

BMW - Chennai - Opened in 2007

Audi - Aurangabad - Opened in Sep 2007

Volkswagen - Total 5 factories as VW Group owns Audi, ŠKODA, Lamborghini, Bugatti and Porsche

Toyota - Bidadi (Karnataka)

Yamaha - Oragadam (near Chennai) and Faridabad

Honda - Ahmedabad, Manesar (Haryana), Narasapura (Karnataka)

Kawasaki - Pune - Opened in July 2017

ŠKODA - Pune, Aurangabad

Nissan - Renault - Oragadam (near Chennai) - Opened in 2010

FCA Group (owns Fiat, Chrysler, Jeep, Maserati) - Pune - Opened in 2007

Jaguar - LandRover - Pune - Opened in May 2011 (Owned by Tata Motors)

CITROËN - Tiruvallur (Tamil Nadu) - Opened in 2021

Ford - Chennai (1999) and Sanand (March 2015)

Isuzu - Sri City (Andhra Pradesh) - Opened in 2016

Kia - Sri City (Andhra Pradesh) - Opened in 2017

Today 45-50 lakh cars are produced in India each year. A big chunk of cars and 2 wheelers are also exported from India. The major foreign automobile makers that exported from India in FY 2020 are -

Hyundai - 1.69 lakh

Ford - 1.31 lakh

Maruti Suzuki - 1 lakh

Nissan - 79 thousand

General Motors - 70 thousand

Volkswagen - 55 thousand

Kia - 21 thousand

Renault - 16 thousand

Toyota - 12 thousand

Top exported cars from India are - Ford Ecosport, GM Beat, Hyundai Verna, Kia Seltos etc.

Comments

Post a Comment

Popular posts from this blog

Asian Dream - China, Japan and India

Image
Many experts, politicians, scholars believe 21st century is going to be “Asian Century”. To make this a reality 3 countries should come and work together – Soaring Dragon, Rising Elephant and Assertive Godzilla i.e. China, India and Japan. Below are the reasons I would like to mention – 1. Nominal GDP wise top 3 Asian countries are China, Japan and India. In terms of PPP, the order is China, India and Japan. For a rising Asia, these 3 countries should join hands. 2. In terms of Forex Reserve, the Top 3 Asian economies are China (>$3 Trillion), Japan (> $1 Trillion) and India (> $500 Billion). Surprisingly these 3 nations are also top 5 in the World. 3. China, Japan and India also has 6 (JPX, SSE, SEHK, SZSE, BSE, NSE) out of World’s Top 12 biggest Stock exchanges in terms of Market capitalization. Imagine the enormous potential if we create something like Euronext in Asia. 4. China, Japan, South Korea, India and Taiwan are always featured in top 10 nation Fortune Global 2000 c
Read more

India's Supercomputer Journey

Image
 India's Supercomputer journey is no less than an astounding achievement. In 1987, USA declined when India asked to purchase Supercomputers, developed by CRAY thinking India may develop nuclear weapon from it. The CRAY supercomputer, designated No. 1205 by Cray, was built for the Indian Institute of Science in Bangalore but it was never delivered. At a conference at CSIR (Council of Scientific and Industrial Research), in 1987, Rajiv Gandhi was discussing this problem with many renowned Indian scientists. They expressed their discontent on the PM asking other countries to setup India’s supercomputer. DoE established the Centre for Development of Advanced Computing (C-DAC) with initial investment of Rs 300 million produced PARAM 8000 supercomputer in 1991. Dr. Vijay P. Bhatkar is known as Father of PARAM Series Supercomputer. Indian scientists developed their supercomputer by linking together as many as 256 small, readily available computers in a technique known as massive parallel
Read more

India's preparation for upcoming Tokyo Olympics

Image
 As we are going towards Tokyo Olympic next year, let's see how we performed in Asian and World Championships in 2019. Archery Asian (Bangkok, Thailand) 1 Gold, 2 Silver, 4 Bronze World ('s-Hertogenbosch, Netherlands) 0 Gold, 1 Silver, 2 Bronze Athletics Asian (Doha, Qatar) 3 Gold, 7 Silver, 7 Bronze World (Doha, Qatar) 0 Gold, 0 Silver, 0 Bronze (Created 3 new National Records) Badminton Asian (Wuhan, China) 0 Gold, 0 Silver, 0 Bronze World (Basel, Switzerland) 1 Gold, 0 Silver, 1 Bronze Boxing Asian (Bangkok, Thailand) 2 Gold, 4 Silver, 7 Bronze World (Men : Yekaterinburg, Women : Ulan-Ude, Russia) 0 Gold, 2 Silver, 4 Bronze Cycling   (As this is new sport, considering Junior Asian and World Championship performance of Track Cycling. There are also BMX, Mountain and Road Cycling) Asian (Jakarta, Indonesia) 4 Gold, 4 Silver, 2 Bronze World (Frankfurt, Germany) 1 Gold, 1 Silver, 1 Bronze Fencing Asian (Chiba, Japan) 0 Gold, 0 Silver, 0 Bronze
Read more