The auto component sector-automobiles industry growth , Mechanical Engineering

The auto component sector has also posted significant growth of 20 percent in 2003-04, and achieved a sales turnover of Rs. 30,640 crore (US$ 6.7 billion). Further, there is a potential for higher growth due to outsourcing activities by global automobiles giants. Today, this sector has emerged as another sunrise sector like computer software industry.

Table : Automobile Production (Numbers) Category/Year

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05*

Passenger Car

Multi Utility Vehicles

Commercial Vehicles

Two Wheelers

Three Wheelers

Total

Percentage Growth

390,709

113,328

135,891

3,374,508

209,033

4,223,469

5.4

577,243

24,307

173,521

3,778,011

205,543

4,858,625

15.0

513,415

127,519

156,706

3,758,518

203,234

4,759,392

-2.0

564,052

105,667

162,508

4,271,327

212,748

5,316,302

11.7

608,851

114,479

203,697

5,076,221

276,719

6,279,967

18.1

842,437

146,103

275,224

5,624,950

340,729

7,229,443

15.1

699,082

178,187

247,797

4,758,639

271,983

6,155,688

16.0

* Figures relate to period April-December, 2004, i.e. nine months and not the whole year.

Source : Ministry of Heavy Industry and Public Enterprises (Department of Heavy Industry).

Table : Automobile Export (Numbers) Category

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05*

Passenger Car

Multi Utility Vehicles

Commercial Vehicles

Two Wheelers

Three Wheelers

Total

Percentage Growth

25,468

2,654

10,108

100,002

21,138

159,370

- 16.6

23,271

5,148

9,912

83,237

18,388

139,956

- 12.2

22,990

4,122

13,770

111,138

16,263

168,283

20.2

50,088

3,077

11,870

104,183

15,462

184,680

9.7

70,828

1,177

12,255

179,682

43,366

307,308

66.4

126,249

3,067

17,227

264,669

68,138

479,350

56.0

121,478

3,892

9,931

256,765

51,535

453,601

32.8

* Figures relate to period April-December, 2004, i.e. nine months and not the whole year.

Source : Ministry of Heavy Industry and Public Enterprises (Department of Heavy Industry).

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