International Journal of Financial Management and Economics
Vol. 2, Issue 1 (2019)
A case study of the financial performance of selected four wheeler automobile companies in India
The Indian automobile industry has performed incredible in present time. In today’s time, Indian automobile industry provides varieties of cars and provides all models which available on the world wide. When we are talking about the Indian automobile industry, which includes Maruti Suzuki, Tata motors, Mahindra and Mahindra, Hyundai motors, Hero Honda and Hindustan motors to a number of companies. In the early time, Indian automobile industry depends on foreign technology for their growth, then after, Indian producers have started to produce their own equipment’s in India. On a globe, the Indian automobile sector has 7th rank. Automobile industry experts forecast that in future, it will be a huge rise in this sector. As an exporter of automobiles in India became a fourth position after Japan, South Korea and Thailand. As per the thinking of experts in 2050 on Indian roads about 611 million cars which will be the highest in all over the world.