Ten years of India's auto production exceeded 9 million vehicles into the top five in the world


(Automatic Component Manufacturers' Association, ACMA) issued a report on August 27 saying that in the next ten years, the annual output of passenger cars in India will increase fourfold to 9 million vehicles, making it the top five countries in the world in terms of automobile production. one.

Vinnie Mehta, executive director of ACMA, said: “By 2020, India will become one of the top five automakers in the world. This is mainly stimulated by the surge in auto demand in India. In addition, it is expected that auto exports will also show a 35% increase.”

ACMA also predicts that by 2020, the domestic production of commercial vehicles in India will reach 2.2 million.

ACMA predicts that in the next ten years, thanks to the rapid increase in automobile production in India, India’s auto parts industry sales will grow nearly four times from 2009 to US$113 billion.



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