GOVERNMENT
OF INDIA
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GOVERNMENT
OF INDIA
Automotive industry, one of the largest industries in India, has been witnessing impressive growth in production for last few years.During 2005-06 to 2012-13, Annual Average growth rate of Production of Motor Vehicles was observed to be 12%. In 2012 -13 production of motor vehicles grew by 1% over 2011-12. During 2005-06 to 2012-13, Annual Average growth rate of Production of Medium and Heavy Commercial Vehicles was observed to be 7%. Annual Average growth rate of Production of Light Commercial Vehicles was observed to be 20%. Annual Average growth rate of Production of Cars was observed to be 15%. Annual Average growth rate of Production of Multi-Utility Vehicles was observed to be 15%. Annual Average growth rate of Production of Scooters was observed to be 18%. Annual Average growth rate of Production of Motor Cycles was observed to be 10%. Annual Average growth rate of Production of Mopeds was observed to be 12%. Annual Average growth rate of Production of Three-Wheelers was observed to be 11%.
In 2012-13 Production of Multi-Utility Vehicles has recorded highest growth, it grew by 52% over 2011-12. Whereas production of Medium and Heavy Commercial Vehicles has declined by 28% over 2011-12.