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Car Production in India
Indian Market Analysts are jubilant over the fact that India has the fastest growing automobile industry (passenger cars segment) in the world today. This is seen as the result of rapid increase of middle-class population in the country combined with the government's pro-development policies.
The findings of International Organisation of Motor Vehicle Manufacturers revealed that in India the car production had grown to 30% in 2004, thus leading the table, Brazil came a distant second with the increase of 17%.
The table below attempts to capture in figures the rapid growth of production of automobile Sector in India
| Types of Vehicle | 2002-03 | 2003-04 | 2004-05 | 2005-06 |
| Passenger Vehicles | 557400 | 782550 | 960480 | 1045880 |
| Utility Vehicles | 114470 | 146330 | 182020 | 196380 |
| Multipurpose Vehicles | 51450 | 60670 | 67370 | 66665 |
| Total | 723320 | 989550 | 129870 | 1308925 |
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