You are on page 1of 17

Sahyadri Formula Racers

Conquerors of Deccan
Overview of Automobile Industry in India
No matter how good a driver you are,
you have to have the right car and the
right team behind you in order to succeed.
Key points of today’s session

Introduction to Automobile Industry.


Present scenario in Indian automobile industry.
Market shares.
Investments & developments.
Governments initiatives.
Future of automobile.
Introduction
 India is 2nd fastest growing automobile market in the world after China with annual
production of 23.37 million vehicles in FY 2014-15( growth rate of 8.68% overlast FY).
 Accountable for the contribution of 7.1% to the GDP.
 Export grew at a CAGR(Compound Annual Growth Rate) of 14.65% over last five years
(2010-2015).
 FDI(Foreign Direct Investment) received worth US$ 13.48 billion during period April 2000 to
June 2015(Data released by DIPP).
 GOI encourages FDI up to 100% in the automobile sector under automatic route
Present scenario in Indian automobile industry

The $118 bn Automobile industry is expected to reach $300 bn by 2026. India's


annual production in FY 2021 was 22.7 MN vehicles and 13 million vehicles from
April to October 2021. In the Automobile market in India, Two-wheelers and
passenger cars accounted for 81.2% and 14.6% market share, respectively
Market shares
Two Wheeler
Four Wheeler
Investments & developments
 Global leading car manufactures are exited to invest in India as India is a
massive market of automobile.
 Now India is largest bike manufacturer in the world. Also, 5th largest
automobile manufacturer worldwide.
 By 2025 India will become the 3th largest automobile manufacturer in the
world.
 Also India is looking forward to establish an infrastructure for eco-friendly
vehicle such as hydrogen vehicle and EV’s.
 India is improving their rules and regulations of pollution norms to match to
the international regulations for better environment.
 Currently the most updated fuel norm is BS-VI (Bharat Stage VI) in India for
all type of vehicles.
Government Initiatives
  Government has approved Production Linked Incentive (PLI) Scheme for Auto
Industry, PLI Scheme for auto sector will bring fresh investments of over ₹42,500
crore in five years and incremental production of over ₹ 2.3 lakh crore.

 India will be selling 20% blended ethanol by 2025. Total 1.85 lakh Electric Vehicles
have been incentivized under FAME till now.

 What is FAME?....

 Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India


(FAME-India) Scheme is launched under National Mission on Electric Mobility in
2011/ National Electric Mobility Mission Plan 2020, unveiled in 2013. The scheme
aims to encourage progressive induction of reliable, affordable and efficient electric
and hybrid vehicles (xEV)

 The automobile sector contributes about 35% to the manufacturing GDP of the
country.
 Government of India is also aiming to launch flex fuel vehicles in India.

 It will help to reduce the usage of gasoline.

 It will also boost the ethanol production in India.

 Ethanol burns cleaner than gasoline, which means flex-fuel cars pump lesser
toxic fumes into the environment.
Future of automobile in India

The automobile of the future would


be battery-powered, linked to networks, and
smart in terms of automated driving. And
coupled with that are on-board digital
entertainment and shared-mobility features
that will also require powerful computing
technology.
 The launch of the tech giant is expected to boost the adoption of EVs in the country.

 This launch is also proof that there is a lot to gain via the widespread adoption of EVs.

 Plus, the Make in India program can aid the manufacturing of EVs and their
components.

 In fact, some reports show that this could increase the country’s GDP by 25 per cent
over the coming years.

 Even the present manufacturers such as Tata, Hyundai, MG have launched their EV’s
already in the market.

 Government is also adopting the EV culture and trying to made their transportation
with the help of Electric Vehicles.
Electric Vehicles
 Market has shown dynamic growth over the years and will achieve a tipping point
in the coming five years.
 The Delhi government has also started Switch Delhi Campaign and taken multiple
initiatives to create awareness about the benefits of electric vehicles.
 The transition to emissions-free individual mobility could only be possible because
of the electrification of the vehicle.
 Electric vehicles will account for about 10 percent of new vehicle sales by 2025.
 EV sales, excluding E-rickshaws in India, witnessed a growth of 20% and reached
1.56 lakh units in FY20 driven by two-wheelers.
  Amongst all regions in India, Uttar Pradesh continues to have maximum monthly
registered EV sales with 22% of overall sales in India in April 2021 as per JMK
Research.
Hydrogen Vehicles
 Hydrogen Fuel Cell Vehicles (FCVs) are similar to electric vehicles
(EVs) in that they use an electric motor instead of an internal
combustion engine to power the wheels.

 However, while EVs run on batteries that must be plugged in to


recharge, FCVs generate their electricity onboard. 

 In a fuel cell, hydrogen (H2) gas from the vehicle’s fuel tank combines
with oxygen (O2) from the air to generate electricity with only water
and heat as byproducts of the process.
Autonomous/ Driverless Vehicles
 The exponential progress made in artificial intelligence, machine learning, and
deep neural networks makes it possible to achieve what until seemed utopian –
namely the development of driverless/ autonomous car.

 India is going to see a chunk of this action accordingly. Autonomous driving is an


eventuality, of course, where the vehicle is capable of sensing its environment and
operating without any human involvement. But it comes with its own set of
challenges. 
Connected Cars
 When everything is connected via the internet, then why can’t cars? Cars are
becoming smarter and the integration of smart technology has been gaining
popularity over the past few years.

 Just like your smartphones, you will get a new look screen, new apps, and
entertainment content updated from time to time.

 They can assess the requirement of the driver and passengers through sensors
embedded into the vehicle.

 Smart cars can protect us from danger and can also help in finding a great meal,
or a place to rest or recommend our favorite songs during our journey.

 This is one technology that has been evolving fast.

You might also like