The India car industry is one of the fastest growing car industries in the entire world. Propelled by the rising demand as well as the booming economic growth, the India car industry has attracted major car players from across the globe. Today, you will find a number of international car manufacturing industries that have opened one or more car manufacturing plants in India. Today, you will also find a large number of companies who are importing vehicles so they could cater for the increasing demand of the huge Indian market.
In this article, I will talk about the various aspects of cars India and the history of the car industry in India.
The first car rode the roads of India in 1898. From this time till World War One, there were about 4000 cars which were directly imported from foreign manufacturers to India. With the introduction of cars in the country, the demand for automobiles started to increase. This increasing demand established the basic requirements of the Indian market and this is when the merchants started getting more vehicles into the country.
In 1942 the Hindustan Motors was set up and in 1944, PAL also known as Premier Autobackmobile was established to create more automobiles in India. It was Premier Autobackmobile which was the first company to manufacture the first car in the year 1946 in India. The Hindustan Motors company concentrated more on autoparts and components and they manufactured their first car in the year 1949.
Later on, the Mahindra and Mahindra company was established and they specialized in manufacturing utility vehicles such as the American Jeep. Throughout the 1950s, there were only 7 dealers who had managed to receive approvals from the Indian government to manufacture and produce cars and other vehicles in India.
In the 1960s, the two-wheeler industry was established in India and this also gave rise to the establishment of the three-wheeler industry. Although the 1970s did not see any major changes in the India car industry, the 1990s gave rise to new models including Maruti Alto, Ford’s Ikon, Station Wagon, etc. From this time onwards, it can be said that the Indian car industry has gone from strength to strength.
The India automotive industry is one of the largest in the whole world today. Today, India manufactures more than 11 million two and four-wheeled vehicles. Out of these, about 1.5 million vehicles are exported to other countries every year.