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Indian Automobile Sector vs Thailand Automobile Sector

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Indian Automobile Sector

vs Thailand Automobile

Sector

Introduction to the Indian Automobile sector

Annual production: 21.48 Million Vehicles in FY 2013-14

Indian Automobile sector contributes 22% in the GDP

India is expected to become the Automobile leaders in Two Wheeler and Four wheeler market segment by 2020

Reasons for increasing Automobile Industry in India:• Sales incentives• Introduction of new models • Easy availability of low cost finance

Market Leaders In the Automobile Sectors

Market Leader Growth Chart (February, 2015)

Maruti Suzuki

• 8.6% higher sales 1,18,551 units)

Hyundai Motor India

Ltd• 2.4% higher sales (47,612 units)

Hero MotoCorp

• 4,84,769 units TVS Motor Co

• 15% higher sales (2,04565 units)

Bajaj Auto

• 2,43,000 units

FY11 FY12 FY13 FY14 FY15

3 3.1 3.2 3.1 3.2

0.8 0.8 0.8 0.7 0.70.8 0.8 0.8 0.8 0.9

13.4

15.5 15.716.9

18.5

Total Production of Automobilesin India

(Million Units)Passenger Vehicle Commercial VehicleThree Wheelers Two Wheelers

Source: SIAM, Aranca Research

Market Size

• Growth of 5.3% (52,481 units) in January 2015

Sales of Commercial

Vehicles

• Growth of 3.14% (1,69,300 units) in January 2015 Sales of

Cars

79.40%

13.70%3.00%

3.90%

Market Share by Volume (FY15)

Two WheelersPassenger VehiclesCommercial VehiclesThree Wheelers

Source: SIAM, TechSci Research

Government Initiatives

100% FDI under the Automobile Sector

Reduction on Excise duty from 12% to 8% on small cars, scooters, motorcycles &

commercial vehicle

Credit (Rs. 8,50,000) grant by the GOI to boost the tractor segment

Promotion of eco-friendly cars

National Electric Mobility Mission 2020 for faster adoption & manufacturing of Electric

& Hybrid Vehicles

Automobile Mission Plan 2006-2016 for sustainable growth

Thailand Automobile Sector

Introduction to the Thailand Automobile sector

It is the largest Automotive market and assembler in Southeast Asia and 9th Largest in the world

Annual output of 1.5 Million vehicles

Thailand Automobile Industry contributes 12% in the country’s GDP

Reasons for increasing Automobile Industry in Thailand:• Creation of new plants• Expansion of existing facilities

Major Automobile Leaders of Thailand (Assembler

Destination)

Car Production & Sales in Thailand

Toyota Honda City Honda Jazz Mazda Ford Chevrolet

4410

3353

1715

747

324 285

Source: Thai Autobook, 2015

Thailand Domestic Sales (January-October 2014)

Government Initiatives

Eco car program for production of lower emission cars

Termed as ‘Detroit of Asia’ because of consistent government policies

Government of Thailand to focus on truck production

‘First car Buyer Scheme’ was launched by GOT to promote the sales & production of

cars

Thank You