It will overtake Brazil, Germany and Japan.
The Gulf region has become a leading market for luxury cars and wealthy individuals are set to buy a record number of vehicles from the likes of BMW's Rolls-Royce, Fiat's Maserati and Porsche SE this year.
Ford to launch new compact car Figo Aspire in India
Car makers are trying hard to boost sales in India.
French carmaker Renault is developing an even smaller sport utility vehicle Captur after the successful launch of the Duster in 2012.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
Mercedes-Benz plans to sell more compact cars.
Government needs to promote electrification and charge points and make sure India has stable power supply.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
Chevrolet loses India on the map Why did GM's iconic all American brand mess up its chances in one of the fastest growing automobile markets?
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
General Motors aims to grab at least 5 per cent market share in India within the next decade.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
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