Automobile, Auto Components & EV
AP stands as one of the top 10 automobile hubs globally, earning its reputation as the 'Automobile Capital of India.' The state's automotive journey began with the establishment of the Integral Coach Factory (ICF) in Kakinada in 1955, marking the inception of a thriving automotive ecosystem. Ashok Leyland, founded in 1948, emerged as a significant player, while Hyundai's first Indian manufacturing plant in 1998 further solidified Andhra Pradesh's position in the automotive industry.
1st
in Automobile Exports in India
35%
India's Auto Component Production
~40%
of all EVs sold in India are made in Andhra Pradesh
24%
Auto Component Production
Highlights
~36% contribution to the total 2W manufactured in India
~25% contribution to the total 4W manufactured in India
Presence of 1500+ factories producing Auto & Auto Components
Accounts for ~70% of the manufacturing of total EV two-wheelers in India, with a current production capacity of 10 million units.
30% of India’s auto exports ($6 billion USD)
No.1 and accounts for 40% of India’s Tyre production
Home to Asia's largest R&D centre - Mahindra Research Valley
3 out of top 5 electric 2W players in India are present in the State
