Largest car company in India - Maruti SuzukiBased on Market share and Turnover Maruti Suzuki is the largest car company in India with a market share of ~45%, nearly half of the cars sold in the country.
Some macro...
If India's economy continues to grow as predicted, by 2025 the Indian middle class will number 583 million people, or 41 percent of India's projected population,1 almost twice the current population of the United States (Columbia.edu).
India’s real GDP is projected to grow at 9% in both 2021-22 and 2022-23 and at 7.1% in 2023-24. This projects India as the fastest growing major economy in the world in all these three years.
Source: Ministry of Finance
India has the third-largest group of scientists and technicians in the world and the population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years.
Source: National Commission on Population, Ministry of Health & Family Welfare
Nifty 50 vs S&P 500:
Website:
www.marutisuzuki.com
This a long term hold
