Two- and three-wheel vehicles far outnumber four-wheel vehicles in India. Nonetheless, the automobile manufacturing industry in that country is growing rapidly, it is expected that by 2015 the number of four-wheel vehicles produced in India will be twice the figure produced in 2012.

Today’s market size is the number of automobiles made in India in 2012 for the domestic market as well as the number of two- and three-wheel vehicles.

Geographic reference: India
Year: 2012
Market size: 3.1 million automobiles and 16.5 million two- and three- wheel vehicles.
Source: Jonny Williams, Digital Manufacturing, March 12, 2013, available online here. The photo above comes from the Enjoy India website, here, with our thanks.
Posted on March 13, 2013