Automobile Production in India in 2013-14 and 2014-15

Automobile Production is undertaken in India at a large scale. Different types of vehicles are manufactured in India. The major categories of automobile production are: Passenger Vehicles (PVs), which is bifurcated into two segments viz. Passenger Cars and Multi-Utility Vehicles; Commercial Vehicles (CVs), bifurcated into two segments i.e. Medium & Heavy Commercial Vehicles (M & HCVs) and Light Commercial Vehicles (LCVs); Three Wheelers and Two Wheelers.

The production of Passenger Cars was 500301 in 2001-02. It increased to 2590917 in 2014-15, recording an absolute growth of 2090616 Passenger Cars as compared to 2001-02. In percentage terms, the total growth recorded was 417.87% during the period from 2001-02 to 2014-15 i.e. the annual growth of 32.14%. There was growth of 71636 Passenger Cars (2.84%) in 2014-15 as compared to 2013-14.

The production of Multi-Utility Vehicles was 169418 in 2001-02. It increased to 629255 in 2014-15, recording an absolute growth of 459837 Multi-Utility Vehicles as compared to 2001-02. In percentage terms, the total growth recorded was 271.42% during the period from 2001-02 to 2014-15 i.e. the annual growth of 20.88%. There was growth of 60563 Multi-Utility Vehicles (10.65%) in 2014-15 as compared to 2013-14.

The production of M & HCVs was 96752 in 2001-02. It increased to 268553 in 2014-15, recording an absolute growth of 171801 M & HCVs as compared to 2001-02. In percentage terms, the total growth recorded was 177.57% during the period from 2001-02 to 2014-15 i.e. the annual growth of 13.66%. There was growth of 46997 M & HCVs (21.21%) in 2014-15 as compared to 2013-14.

The production of LCVs was 65756 in 2001-02. It increased to 428530 in 2014-15, recording an absolute growth of 362774 LCVs as compared to 2001-02. In percentage terms, the total growth recorded was 551.7% during the period from 2001-02 to 2014-15 i.e. the annual growth of 42.44%. There was decline of -48949 LCVs (-10.25%) in 2014-15 as compared to 2013-14.

The production of Three Wheelers was 212748 in 2001-02. It increased to 949021 in 2014-15, recording an absolute growth of 736273 Three Wheelers as compared to 2001-02. In percentage terms, the total growth recorded was 346.08% during the period from 2001-02 to 2014-15 i.e. the annual growth of 26.62%. There was growth of 118913 Three Wheelers (14.33%) in 2014-15 as compared to 2013-14.

The production of Two Wheelers was 4271327 in 2001-02. It increased to 18499970 in 2014-15, recording an absolute growth of 14228643 Two Wheelers as compared to 2001-02. In percentage terms, the total growth recorded was 333.12% during the period from 2001-02 to 2014-15 i.e. the annual growth of 25.62%. There was growth of 1616921 Two Wheelers (9.58%) in 2014-15 as compared to 2013-14.

The production of vehicles was 5316302 in 2001-02. It increased to 23366246 in 2014-15, recording an absolute growth of 18049944 vehicles as compared to 2001-02. In percentage terms, the total growth recorded was 339.52% during the period from 2001-02 to 2014-15 i.e. the annual growth of 26.12%. There was growth of 1866081 vehicles (8.68%) in 2014-15 as compared to 2013-14.

Note: Vans are included in passenger cars; NA: Not Available; Original Source: Society of Indian Automobile Manufacturers, New Delhi and also published in statistical year book 2016 by MOSPI.