The Automobile Industry

Production, Thousands
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                                            1992     1993     1994
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Commercial vehicles                        128.1    127.8    188.8
  Medium and Heavy Commercial Vehicles      77.9     60.8     97.4
  Light Commercial Vehicles                 50.2     67.0     91.4

Passenger cars                             153.9    199.6    249.3
Jeeps                                       38.2     44.3     48.8

Two Wheelers                             1,477.2  1,673.7  2,084.8
  Motorcycles                              387.0    424.7    600.0
  Scooters                                 684.3    793.8    988.6
  Mopeds                                   405.9    455.2    496.2
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India is the world's second largest producer of two-wheelers. This segment was the source of a major acceleration in the growth of the automobile industry in the second half of the eighties. The passenger car segment also grew during the eighties after Maruti Udyog, which is largely owned by the government, started production. Commercial vehicle production is concentrated in two private enterprises.

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Centre for Monitoring Indian Economy, Bombay
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Last updated: April 1995.