India Car Industry and Lighting Market PDF Print E-mail
Tuesday, 23 June 2015

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The Indian vehicle market, seventh-largest in the world, has been open to the world's auto- and component-makers for only about two decades' time. Prior to the early-mid 1990s, it was closed; local automakers bought components from local suppliers, and all parties to the closed market were essentially unknown outside of India.
Now, the situation has changed. The world's major automakers have operations and/or joint ventures in India, as do many of the globally-known vehicle lighting suppliers.
Number of total car sales in India in 2014 was 3.07 million cars and estimated 2015 is 3.37 million (13% increse vs 2014).
Car market of India will grow up to 6 million in 2020.

The main car makers are presented :
Maruti, Hyundai, Mahindra and Mahindra, Tata, Honda, Toyota, Ford General Motors, Renault, Volkswagen
Then follows the introduction of the main lighting set makers:
Lumax Industries, Minda, Varroc Automotive, India Japan Lighting Private,
Hella India Electronics, Autolite India (Autopal), Neolite ZKW, Fiem Industries, Rinder India,
Magneti Marelli Motherson Auto System, VALEO Lighting Systems (India).

The Indian auto market—presently dominated by 2-wheelers—is one of the world's last major markets with enormous potential for sales growth. India is accordingly becoming more important both as a selling ground and as a manufacturing center.
This report describes the factors and facts peculiar to the Indian vehicle and vehicle lighting
market, and outlines the major automakers and lighting-related suppliers and their evolution over time. There is discussion of the various segments showing substantial room for growth in the near future, and there are interviews with VIPs in the Indian lighting industry. An odd particular of the Indian traffic environment—drivers using their high beams full time, sometimes after putting opaque paint over half the lens—is presented and analysed.

 

 
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