Investment in India: OEMs, Two-wheelers, and Suppliers
Tamil Nadu Global Investors Meet (TNGIM) and Vibrant Gujarat Global Summit 2024
2024/02/05
- Summary
- Investment in Automotive Sector in India
- Tamil Nadu Global Investors Meet (TNGIM) 2024
- Vibrant Gujarat Global Summit 2024
- OEMs (VinFast, Hyundai, Stellantis, Suzuki, Ashok Leyland, Gensol)
- Two-Wheeler Companies (Royal Enfield, TVS, Wardwizard, Terra Motors, Nexzu)
- Component Suppliers
- Associated Suppliers
Summary
India is the world's third-largest Automobile market. India reported over 4 million sales of new vehicles in 2023 for the first time in a calendar year. Like global trends, the Indian automotive industry is also going through a lot of transformation. The opportunity in the Indian market is huge and it is attracting a lot of investment.
Recently, two major states in India Tamil Nadu and Gujarat, which also have a sizable automotive manufacturing landscape, organized investor meetings to attract potential companies to invest in the states. The events were successful, and a lot of investment was reported in them. It also includes a good number of announcements from the automotive industry.
This report covers the automotive-related agreements, announcements, and partnerships announced at the Tamil Nadu Global Investors Meet (TNGIM) 2024 and Vibrant Gujarat Global Summit 2024.
Related reports:
Indian OEMs Investment and Future Plans (2) (Dec. 2023)
Indian OEMs Investment and Future Plans (1) (Dec. 2023)
Indian passenger car sales rank third globally in 2022 (Sep. 2023)
EV Charging Technology and Infrastructure Development in India (Jul. 2023)
Indian Auto Expo 2023 (2): Electric two-wheeler start-ups (Mar. 2023)
Indian Auto Expo 2023 (1): EVs and Passenger Vehicles (Feb. 2023)
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