The automobile sector in India has mushroomed over the years into a mature and well established industry. Car Dealers in Port Blair The establishment of a 300 million middle class in the last twenty years has helped the industry to grow into a profitable venture which sells over 100,000 passenger vehicles per month in the country and produced over 2.6 million Indian automobiles in 2009. India is also the fourth largest automobile exporter in Asia. It is estimated that by 2050 there will be more then 600 million cars on Indian roads.
Automobile companies in India include both local and multinational companies. The Indian companies sell a major portion of the vehicles sold in India. Many of these Companies are successful because they have been operating for a long time and have built a loyal customer base.
Hindustan Motors is the oldest automobile company in the country. It started its production in 1942. It is not only producing indigenous vehicles but is also collaborating with Mitsubishi to produce the new lancer models. |