social pressures to improve both the sustainability of its products and methods of production. Automobile companies of India, Korea, Europe and Japan have a significant hold on the Indian market share. If a country does not provide the minimum standards of transport infrastructure, it would be excluded from the participation in the network. The Indian automakers committed themselves to hybrid motors from the very first moment, and they have taken the lead in the market as a result. Despite the significant inroads that the transport sector has made into the world export market during the last decade, the sectors share in total India exports is still lower than the relative share of world exports of transport products. Retrieved from p?vref1 Reference Copied to Clipboard. 11th largest passenger car market in the world. Accessed ; Available from: p?vref1.
Indian auto industry, which is currently growing at the pace of around 18 per annum, has become a hot destination for global auto players like Volvo, Genneral motors. Some facts on Automobile industry in India: India has the fourth largest car market in the world. Moreover, JLR needed further investments, that too quickly, to keep the operations running. The automotive industry is facing new and pressing challenges. India is on every major global automobile players radar. Heavy vehicles section is dominated by Tata-Telco, Ashok Leyland, Eicher Motors, Mahindra and Mahindra, and Bajaj. On the one hand, its SUVs are losing market share. Finding Solutions In recent years, vehicle makers have gone from an environment in which the level of service and quality assured excellence while costs permitted them to guarantee profitability, to another environment that is more competitive and more global, and in which the business has. Vref1 titleChallenges to Indias Automobile Industry m dateNovember 2013 accessdate locationNottingham, UK Reference Copied to Clipboard. Toyota, which does not face the same economic problems as its major rivals, hopes to oust from its spot as the worlds leading automaker.