Indian Automobile Sector Analysis

Table of Contents

1. Analyst View

2. India' s Rank in Global Automobile Industry

3. RNCOS' View on Indian Automobile Industry

• 3.1 Supporting Environment
  • 3.1.1 Economic Factors
  • 3.1.2 Demographic and Psychographic Factors
  • 3.1.3 Environmental Factors
  • 3.1.4 Political Environment
  • 3.1.5 Legal Environment
  • 3.1.6 Incentives
  • 3.1.7 Technological Environment
• 3.2 Roadblocks for the Industry
  • 3.2.1 Increasing Running Cost
  • 3.2.2 Strong Indian Rupee
  • 3.2.3 Expensive Auto Finance

4. Automobile Industry Overview

• 4.1 Production
• 4.2 Installed Capacity
• 4.3 Automotive Plants
• 4.4 Competitive Landscape
• 4.5 Sales
• 4.6 Export

5. Automobile Industry Analysis

• 5.1 Passenger Vehicle
  • 5.1.1 Production
  • 5.1.2 Sales
  • 5.1.3 Export
  • 5.1.4 Future Outlook till 2012-13
    • 5.1.4.1 Production
    • 5.1.4.2 Sales
    • 5.1.4.3 Export
• 5.2 Utility Vehicles
  • 5.2.1 Production
  • 5.2.2 Sales
  • 5.2.3 Export
  • 5.2.4 Future Outlook till 2012-13
    • 5.2.4.1 Production
    • 5.2.4.2 Sales
    • 5.2.4.3 Export
• 5.3 Multi-purpose Vehicles
  • 5.3.1 Production
  • 5.3.2 Sales
  • 5.3.3 Export
  • 5.3.4 Future Outlook till 2012-13
    • 5.3.4.1 Production and Sales
• 5.4 Commercial Vehicles
  • 5.4.1 Passenger Carriers
  • 5.4.2 Goods Carriers
  • 5.4.3 Future Outlook till 2012-13
    • 5.4.3.1 Production
    • 5.4.3.2 Sales
    • 5.4.3.3 Export
• 5.5 Two Wheelers
  • 5.5.1 Scooter/Scooterettee
  • 5.5.2 Motorcycles
  • 5.5.3 Electric Two Wheelers and Mopeds
  • 5.5.4 Future Outlook till 2012-13
    • 5.5.4.1 Scooter/Scooterettee
    • 5.5.4.2 Motorcycles
• 5.6 Three Wheelers
  • 5.6.1 Passenger Carriers
  • 5.6.2 Goods Carriers

6. Auto Component Industry

• 6.1 Industry Structure
• 6.2 Production
• 6.3 Sales
• 6.4 Export
• 6.5 Import
• 6.6 Competitive Landscape
  • 6.6.1 Players
  • 6.6.2 Production by Type
  • 6.6.3 Mergers & Acquisitions
  • 6.6.4 Investment
• 6.7 Future Outlook till Fiscal 2012-13
  • 6.7.1 Production
  • 6.7.2 Sales
  • 6.7.3 Export

7. Growth Avenues

• 7.1 Automotive Design Market
• 7.2 Non-conventional Vehicle Market
• 7.3 Domestic Tyre Industry
• 7.4 Automotive Steel
• 7.5 Auto Insurance and Financing Market
• 7.6 GPS Navigation Market
• 7.7 Power Industry
• 7.8 India as a Manufacturing Hub
• 7.9 Green Car Market
• 7.10 E-Scooter Market

List of Figures:

• Figure 2-1: Comparison of Passenger Car Ownership with Other Asia-Pacific Countries (Units per 1000 Population), 2008
• Figure 2-2: Growth Rate of Top Automobile Producing Countries (%), 2007
• Figure 2-3: Comparison of Car Sales with Other Countries (Million Units), 2008
• Figure 3-1: Nominal GDP vs Passenger Car Ownership (2005-2008)
• Figure 3-2: Per Head Personal Disposable Income (US$), 2004-2008
• Figure 3-3: Comparison of Engineering Designer Wage with Other Countries (US$/Annum)
• Figure 3-4: FDI in Automobile Industry (Million US$), 2004-05 to 2008-09
• Figure 3-5: Young Population (%), 2006-2011
• Figure 3-6: Expenditure on Transportation and Communication (Billion US$), 2008-2012
• Figure 3-7: Asset-backed Securitization Market (Billion Rs), 2005-06 to 2008-09
• Figure 3-8: Finished Steel Production and Apparent Real Consumption (Million Metric Tons), 2007-08 & 2008-09
• Figure 3-9: Gasoline Production and Consumption (Million Metric Tons), 2007-08 & 2008-09
• Figure 3-10: High Speed Diesel Production & Consumption (Million Metric Tons), 2007-08 & 2008-09
• Figure 3-11: Growth in HR and CR Coil Prices in Metros (%), Jan 2008 to Jan 2009
• Figure 3-12: Automobile Industry Capacity Utilization (%), 2006-07
• Figure 3-13: Growth in Retail Petrol Prices in Major Cities (%), April 2002 to Jan 2009
• Figure 3-14: Growth in Retail Diesel Prices in Major Cities (%), April 2002 to Jan 2009
• Figure 3-15: Forecast for Average Exchange Rate per US$ (INR), 2009-2012
• Figure 3-16: Auto Financing Interest Rate (%), 2001-02 to YTD 2008-09
• Figure 4-1: Automobile Production (Million Units), 2002-03 to 2008-09
• Figure 4-2: Automobile Production by Segment (‘000 Units), 2008-09
• Figure 4-3: Automotive Installation Capacity (Million Units), 2005-06 & 2006-07
• Figure 4-4: Automobile Industry Input Cost (%)
• Figure 4-5: Automobile Sales (Million Units), 2002-03 to 2008-09
• Figure 4-6: Automobile Sales by Segment (%), 2008-09
• Figure 4-7: Automobile Export (Million Units), 2002-03 to 2008-09
• Figure 4-8: Automobile Export by Segment (%), 2008-09
• Figure 5-1: Passenger Vehicles Sales by Segment (%), 2008-09
• Figure 5-2: Passenger Vehicle Production (‘000 Units), 2004-05 to 2008-09
• Figure 5-3: Passenger Car Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-4: Passenger Car Production by Segment (%), 2008-09
• Figure 5-5: Passenger Vehicle Sales (‘000 Units), 2004-05 to 2008-09
• Figure 5-6: Passenger Car Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-7: Passenger Car Sales by Segment (%), 2008-09
• Figure 5-8: Passenger Vehicle Export (‘000 Units), 2004-05 to 2008-09
• Figure 5-9: Passenger Car Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-10: Passenger Car Export by Segment (%), 2008-09
• Figure 5-11: Forecast for Passenger Vehicle Production (Million Units), 2009-10 to 2012-13
• Figure 5-12: Forecast for Passenger Cars Production (Million Units), 2009-10 to 2012-13
• Figure 5-13: Forecast for Passenger Vehicle Sales (Million Units), 2009-10 to 2012-13
• Figure 5-14: Forecast for Passenger Cars Sales (Million Units), 2009-10 to 2012-13
• Figure 5-15: Forecast for Passenger Vehicle Export (Million Units), 2009-10 to 2012-13
• Figure 5-16: Forecast for Passenger Cars Export (Million Units), 2009-10 to 2012-13
• Figure 5-17: Utility Vehicle Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-18: Utility Vehicle Production by Segment (%), 2008-09
• Figure 5-19: Utility Vehicle Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-20: Utility Vehicle Sales by Segment (%), 2008-09
• Figure 5-21: Utility Vehicle Export (Units), 2007-08 & 2008-09
• Figure 5-22: Utility Vehicle Export by Segment (%), 2008-09
• Figure 5-23: Forecast for Utility Vehicle Production (‘000 Units), 2009-10 to 2012-13
• Figure 5-24: Forecast for Utility Vehicle Sales (‘000 Units), 2009-10 to 2012-13
• Figure 5-25: Forecast for Utility Vehicle Export (‘000 Units), 2009-10 to 2012-13
• Figure 5-26: Multi-purpose Vehicle Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-27: Multi-purpose Vehicle Production by Manufacturer (%), 2008-09
• Figure 5-28: Multi-purpose Vehicle Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-29: Multi-purpose Vehicle Export (Units), 2007-08 & 2008-09
• Figure 5-30: Forecast for Multi-purpose Vehicle Production and Sales (‘000 Units), 2009-10 to 2012-13
• Figure 5-31: Commercial Passenger Carrier Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-32: Commercial Passenger Carrier Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-33: Commercial Passenger Carrier Sales by Segment (%), 2008-09
• Figure 5-34: Commercial Passenger Carrier Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-35: Commercial Goods Carrier Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-36: Commercial Goods Carrier Production by Segment (%), 2008-09
• Figure 5-37: Commercial Goods Carrier Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-38: Commercial Goods Carrier Sales by Segment (%), 2008-09
• Figure 5-39: Commercial Goods Carrier Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-40: Commercial Goods Carrier Export by Segment (%), 2008-09
• Figure 5-41: Forecast for Commercial Vehicle Production by Segment (‘000 Units), 2009-10 to 2012-13
• Figure 5-42: Forecast for Commercial Vehicle Sales by Segment (‘000 Units), 2009-10 to 2012-13
• Figure 5-43: Forecast for Commercial Vehicle Export by Segment (‘000 Units), 2009-10 to 2012-13
• Figure 5-44: Two Wheeler Production by Segment (%), 2008-09
• Figure 5-45: Two Wheeler Sales by Segment (%), 2008-09
• Figure 5-46: Two Wheeler Export by Segment (%), 2008-09
• Figure 5-47: Scooter/Scooterettee Production (‘000 Units), 2007-08 & 2008-09
• Figure 5-48: Scooter/Scooterettee Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-49: Scooter/Scooterettee Export (Units), 2007-08 & 2008-09
• Figure 5-50: Scooter/Scooterettee Sales by Engine Capacity (%), 2008-09
• Figure 5-51: Scooter/Scooterettee Export by Engine Capacity (%), 2008-09
• Figure 5-52: Motorcycles/Step-throughs Production (Million Units), 2007-08 & 2008-09
• Figure 5-53: Motorcycles/Step-throughs Sales (Million Units), 2007-08 & 2008-09
• Figure 5-54: Motorcycles/Step-throughs Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-55: Motorcycles/Step-throughs Production by Engine Capacity (%), 2008-09
• Figure 5-56: Motorcycles/Step-throughs Export by Engine Capacity (%), 2008-09
• Figure 5-57: Electric Two Wheeler Production and Sales (‘000 Units), 2007-08 & 2008-09
• Figure 5-58: Mopeds Production, Sales and Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-59: Forecast for Scooter/Scooterettee Production (‘000 Units), 2009-10 to 2012-13
• Figure 5-60: Forecast for Scooter/Scooterettee Sales (‘000 Units), 2009-10 to 2012-13
• Figure 5-61: Forecast for Motorcycle/Step-throughs Production (Million Units), 2009-10 to 2012-13
• Figure 5-62: Forecast for Motorcycle/Step-throughs Sales (Million Units), 2009-10 to 2012-13
• Figure 5-63: Forecast for Motorcycle/Step-throughs Export (‘000 Units), 2009-10 to 2012-13
• Figure 5-64: Three Wheeler Passenger Carrier Production, Sales and Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-65: Three Wheeler Passenger Carrier Production, Sales and Export by Seating Capacity (%), 2008-09
• Figure 5-66: Three Wheeler Goods Carrier Production, Sales and Export (‘000 Units), 2007-08 & 2008-09
• Figure 5-67: Three Wheeler Goods Carrier Production, Sales and Export by Carrying Capacity (%), 2008-09
• Figure 6-1: Auto Component Industry Structure (%)
• Figure 6-2: Auto Component Production (Billion US$), 2002-03 to 2008-09
• Figure 6-3: Auto Component Sales (Billion US$), 2002-03 to 2008-09
• Figure 6-4: Auto Component by End Market (%)
• Figure 6-5: Vehicle Category Contribution in Auto Component Market (%)
• Figure 6-6: Auto Component Export (Billion US$), 2002-03 to 2008-09
• Figure 6-7: Auto Component Export by Region (%), 2007-08
• Figure 6-8: Auto Component Export by Industry Type (%), 1990 & 2007
• Figure 6-9: Auto Component Import (Billion US$), 2003-04 to 2008-09
• Figure 6-10: Regional Presence of Auto Component Players (%), 2007-08
• Figure 6-11: Auto Component Industry by Product (%), 2007-08
• Figure 6-12: Investment in Auto Component Industry (Billion US$), 2003-04 to 2008-09
• Figure 6-13: Forecast for Auto Component Industry (Billion US$), 2009-10 & 2015-16
• Figure 6-14: Forecast for Auto Component Production (Billion US$), 2009-10 to 2012-13
• Figure 6-15: Forecast for Auto Component Sales (Billion US$), 2009-10 to 2012-13
• Figure 6-16: Forecast for Auto Component Export (Billion US$), 2009-10 to 2012-13
• Figure 7-1: Potential Market for Flex-fuel Cars (‘000 Units), 2008-09 to 2012-13
• Figure 7-2: Tyre Production (‘000 Metric Tons), 2008-09 to 2011-12
• Figure 7-3: Steel Requirement in Automobile Industry (Million Tons), 2007-08 to 2011-12
• Figure 7-4: Forecast for Steel Requirement by Type in Automobile Industry (%), 2011-12
• Figure 7-5: Passenger Car Insurance Premium (Million US$), 2008-09 to 2011-12
• Figure 7-6: Forecast for Two Wheeler Finance Market Structure (%), 2009-10
• Figure 7-7: Power Requirement for Auto Component Industry (MW), 2007-08 to 2015-16

List of Tables:

• Table 3-1: Manufacturing Labor Cost Comparison with Other Countries (US$/Hr), 2007-2010
• Table 4-1: Distribution of Number of Automotive Plants in Leading States by District
• Table 4-2: Top OEMs
• Table 5-1: Top Passenger Car Manufacturers (Units), 2008-09
• Table 5-2: Top Passenger Car Sellers (Units), 2008-09
• Table 5-3: Future Small Car Models
• Table 5-4: Utility Vehicle Manufacturers (Units), 2008-09
• Table 5-5: Utility Vehicle Sales by Manufacturer (Units), 2008-09
• Table 5-6: Utility Vehicle Export by Manufacturer (Units), 2008-09
• Table 6-1: Top Players in Auto Component Industry
• Table 6-2: Top Auto Component Industry Players in North/Central Region
• Table 6-3: Top Auto Component Industry Players in Western Region
• Table 6-4: Top Auto Component Industry Players in Southern Region
• Table 6-5: Top Auto Component Industry Players in Eastern Region
• Table 6-6: Mergers & Acquisitions in Auto Component Industry (2007 & 2008)