After sales business analysis of the passenger cars automotive industry

Abstract

The Indian Automotive manufacturing sector is the fourth largest in Asia and the eleventh largest in the world. It has been growing at a CAGR of 10.3% from 2003-2004 to 2009-2010 (in sales volumes). The overall sales figures have almost doubled to 1,55,13,156 in 2010-2011 as compared to the figures in 2003-2004i. Domestic Sales recorded a growth of 16.78% in April- July 2011over same period last yearii. Today, the Indian Automotive Industry is one of the largest industrial sectors with a turnover that contributes to roughly 6 per cent of India's GDPiii. More importantly, it contributes to employment of over 2 million people directly and indirectly to another 10 million.