Login

Post on Medial

VCGuy

Stealth • 4m

Last week, I had a short conversation with a friend who manufactures vehicle conveyor belts for automotive companies. 💡A few key insights: - Domestic demand for 4-wheelers is surging, evident at a micro level - Plenty of room for growth: Per capita car consumption is 33 per 1000 people, growing at 10%. Comparing this to major economies: (1). United States: 860, growing at 2% (2). UK: 632, growing at 2% (3). Germany: 627, growing at 2% (4). Japan: 612, no growth - 15% of vehicles manufactured in India are exported. Small car exports are growing rapidly to countries like Saudi Arabia, Philippines, South Africa - New Foreign EV players announced India plans but hasn't lead to anything concrete. We may see more investment from players already in the market: (1). MG Motor: Investment of $607 M to produce 300,000 EVs annually (2). BYD: Plans to invest $1 B (3). Volkswagen: Aims to electrify 30% of it's India line-up ⏭️India's automotive sector contributes 7% to the GDP, 35% to manufacturing GDP and 8% to total exports.

2 replies13 likes
Replies (2)

More like this

Recommendations from Medial

Aryan patil

 • 

Monkey Ads • 7m

top 3 cities with their contribution to INDIAS GDP #1 Bangalore contributes 8.7% to India's GDP. #2 Mumbai contributes 6.16% of India's GDP. #3 Delhi contributes nearly 3.9% to India's GDP.

0 replies6 likes
Image Description

Aura

Stealth • 2m

India can become $10 tn economy by 2032; beat US, China in manufacturing: Report India is set to add USD 1 trillion to its GDP every 1.5 years over the nex years, aiming to become a USD 10 trillion economy by 2032. This grown will be driven by the m

See More
1 replies3 likes

Radhemohan Pal

Stealth • 5m

Electric car is rising day by day but today I heard a news about a man launched solar car which price is 2 cr + What you think what will be future of automotive industry

0 replies6 likes
Image Description
Image Description

LIKHITH

Stealth • 5m

STAY UPDATED !! Credit cards usage growing by 22% in india Top 5 players (market share) 1.Hdfc bank = 27% 2.Icici bank = 19% 3.SBI = 15% 4.Axis bank = 11% 5.Kotak bank = 4% Like and follow to stay update & Which Credit card do you have ?

24 replies14 likes
Image Description
Image Description

Mahendra Lochhab

Stealth • 28d

India exports spices to 180 out of 195 countries.

2 replies7 likes
1
Image Description
Image Description

Sajin

 • 

Foundation • 5m

World Top Three Economies: 1. US $28.7 Trillion GDP 2. China $18.5 Trillion GDP [------ $14 Trillion Gap ------] 3. Germany $4.7 Trillion GDP India might reach $5T GDP in upcoming years by adding $1.5T. India is adding $1T in every 7 years: 2007:

See More
7 replies7 likes
1
Anonymous
Image Description
Image Description

Anonymous

Stealth • 4m

1. House worth 1 Cr (fully paid) + Car 20 Lac + Equity 10 Lac 2. House on rent + Car 20 Lac + Equity 1Cr Which one would you like to choose/make and why?

6 replies9 likes
1
Image Description
Image Description

Yash Barnwal

Stealth • 1m

"U.S.-India Trade 2023: India’s exports to the U.S. totaled $75.8B, led by precious stones and machinery. U.S. exports to India reached $40.1B, driven by fuels and machinery."

5 replies9 likes
Image Description

Elon musk

Stealth • 7m

China have their own around 100 car companies and india only 2+1(maruti suzuki) .. Tata -14. 6% market share Mahindra-7. 69% market share 😆aatmanirbhar bharat...

1 replies5 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 2m

Is the beer market in India growing, and does it make sense to launch a beer brand now with plans to expand into brewpubs and later to international markets?

9 replies7 likes
1

Download the medial app to read full posts, comements and news.