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[1] [2] [3] As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [ 4 ] As of April 2022 [update] , India 's auto industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP. [ 5 ]
It has a market share of about 30% in the Indian two-wheeler industry. [3] The Munjal family, with its 34.75% stake, is the biggest shareholder in the company as of 2024. [ 4 ]
TVS Motor Company is also the second largest two-wheeler exporter in India with exports to over 60 countries. ... It is the 5th largest market share holder in Nepal ...
All of the M series and high-end models are not manufactured in India. Mini India: 2013–-present: Citroën India: 2021–present: Stellantis: Fiat India: 2016–present: Honda Cars India: 1995–present: Honda: Hyundai Motor India: 1996–present: Hyundai Motor Company: Foreign manufacturer with highest market share Kia India: 2017–present ...
Hero MotoCorp (formerly Hero Honda), Honda, Bajaj Auto, Yamaha, TVS Motors and Mahindra 2 Wheelers are the largest two-wheeler companies in terms of market-share. [48] Manufacture of scooters in India started when Automobile Products of India (API) set up at Mumbai and incorporated in 1949.
SUN Mobility offers Battery-as-a-Service (BaaS) [24] and Mobility-as-a-Service (MaaS) [25] as two solutions to its customers. SUN Mobility operates over 600 battery swapping points [ 26 ] [ 27 ] across India, and has the leading market share in e-auto and e-loader (three-wheeler cargo vehicle) categories, the highest market share in swappable e ...
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.