Passenger vehicle sales in India double in a decade

If the buoyant sales of passenger vehicles in the domestic market in August 2016 are any indication, then 2016-17 is headed to be a bumper year for Indian vehicle manufacturers.

Over the past 10 years, the Indian passenger vehicle industry has scaled new heights, achieved many milestones and has grown substantially – in fact, it has more than doubled in size. The growing economic prowess of the country has translated into a booming auto market, which has now been among the fastest growing ones as well.

As we take a look at the decade that has shaped and ...