Indian automotive sector employment outlook 2009-2020

The Indian automotive sector was estimated to employ over a million people in 2020. The employment figures were relatively small compared to the EU automotive industry that employed around 14 million personnel. In the United States, part dealers and motor vehicle sector had around two million employees on their payrolls in March 2019. Even then, India had one of the largest global automotive markets in 2019. The sector however, started facing the effects of a slowdown in terms of sales and rising inventory numbers mid-way through 2019.

Employment loss

Slumping sales and halts in production triggered massive job cuts throughout the industry. Component manufacturers and dealers had to lay off around 350 thousand workers since April 2019. The adversity was not limited to automakers only. Tire manufacturers also had to cut down the workforce due to the sales slump. Temporary suspension periods were also implemented by leading carmakers in the face of declining demand.

Impact

The automotive industry contributes a share of about seven percent to India’s GDP each year. It also accounted for almost half of the country’s manufacturing output. Maruti Suzuki, the country’s biggest carmaker, reduced its temporary workforce by about six percent. Tata Motors and Mahindra on the other hand, faced periods of stagnant productions.

Automotive sector direct employment in India between 2009 and 2020

Employment in thousands
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

April 2017

Region

India

Survey time period

2009 and 2015

Supplementary notes

*Projected value.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Two and three wheelers in India"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.