The automobile industry in India has grown significantly over the past few decades. It began with only two major players and licensed manufacturing in the initial years. In the 1980s, more companies entered the market and government support increased. In the 1990s, delicensing led to more players and easier financing, creating a buyers market. Domestic sales and exports have grown strongly in recent years, with India now among the top global markets. Motorcycles dominate two-wheeler sales while passenger vehicles lead exports. Key players hold major shares in different vehicle segments. The industry faces challenges around infrastructure and customer expectations but benefits from favorable demographics and policy support focused on areas like product development, manufacturing, and supply chains.