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Please update this article to reflect recent events or newly available information. Maruti Suzuki is the market leader in Indian automotive industry. The automotive industry in India is one of the largest in the world with an annual production of 23. 16, following a growth of 2. 57 per cent over the last year. The automobile industry accounts for 7. The Two Wheelers segment, with 81 per cent market share, is the leader of the Indian Automobile market, owing to a growing middle class and a young population.
India is also a prominent auto exporter and has strong export growth expectations for the near future. 15, automobile exports grew by 15 per cent over the last year. The industry produced a total 14. October 2014, registering a marginal growth of 3. The sales of PVs grew by 8. October 2015 over the same period in the previous year. The overall CVs segment registered a growth of 8.