Passenger Car Market and Its Leading Automobile Players in India (Tata Motors, Mahindra Mahindra and Maru TI Suzuki)

Globalization and open opportunities to enter into global market has made India one of the ‎strongest contenders in global automobile sector. The approach Liberalization, Privatization and ‎Globalization (LPG), Indian economy starts with the objective of economic boost and to take full ‎gain of opportunities new polices taking place world over. Passenger car market is one of the ‎main industries that support GDPs of any country to a greater extent. India is the second-largest ‎populated country in the world and its attractive growth prospects make it hotspot for the ‎automobile market in world. Its growth opportunity and increasing gross domestic savings along ‎with new opportunities in exploring economic opportunities worldwide has made passenger cars ‎more affordable to Indian consumers. This review paper investigates the passenger car market of ‎India, its future, support and growth prospects in future along with major player’s position in ‎automobile sector. Examination and analysis of market reports and outcomes indicate bright ‎future for Indian automobile market as its gets full supports from government, economic growth, ‎opportunities and new initiatives in new sectors i.e. Electric Vehicles and Green fuel automobiles‎.