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

  • Authors

    • Lalita Research Scholar Maharishi School of Commerce and Management, Maharishi university of ‎ Information Technology Lucknow, Uttar Pradesh 226013, India
    • Sapan Asthana Associate Professor, Maharishi School of Commerce and Management, Maharishi ‎University of Information, Lucknow, Uttar Pradesh 226013, India
    https://doi.org/10.14419/qt3dan02

    Received date: July 26, 2025

    Accepted date: October 23, 2025

    Published date: December 14, 2025

  • Automobile; Passenger Car; Indian Car Market; Leading Automobile Players; “Automobile ‎Industry”; Maruti Suzuki; Mahindra & Mahindra; Tata Mo-tors

  • Abstract

    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.

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  • How to Cite

    Lalita, & Asthana , S. . (2025). Passenger Car Market and Its Leading Automobile Players in India (Tata ‎Motors, Mahindra & Mahindra and Maru TI Suzuki)‎. International Journal of Accounting and Economics Studies, 12(8), 408-416. https://doi.org/10.14419/qt3dan02