≡ Menu

Cars per 1000 people in India

Everyone is reporting a slowdown in auto sector and that’s the fact. The industry has slown down.

But here is an opportunity!

Opportunity in Auto sector and Infra/ Cements as well.

Check out the below stat from World Bank (source – Spectator Index)

Cars per 1,000 people.

US: 837
Australia: 747
Italy: 695
Canada: 670
Japan: 591
Germany: 589
UK: 579
France: 569
Malaysia: 433
Russia: 373
Brazil: 350
Mexico: 297
Saudi: 209
Turkey: 199
Iran: 178
South Africa: 174
China: 173
Indonesia: 87
Nigeria: 64
India: 22

(World Bank)

In 2009 this figure was 8 cars per 1000 people. In 10 years we have grown from 8 cars per 1000 to 22 cars per 1000.

Do comment and leme know your thoughts and insights!

{ 0 comments… add one }

Leave a Comment