According to some of the industry experts, Britain became the largest automobile export market of India, where passenger vehicles worth of $481 million were sold by Indian auto industry in 2009-10.
Next, Italy is the second largest automobile export market of India with worth of $433.77 million in the same year. And the next Germany with worth of $233.22 million, Netherlands with $217.51 million, South Africa with $209.95 million in 2009-10.
Automobile exports of the India to UK have increased by 8 times in the last four months from $52 million in 2006-07 to $481 in 2009-10.
The major part nearly 76 percent, of the total automobile exports of India is passenger vehicles, and second major part of exports is two wheelers, according to the FICCI.
Singapore is the best market for India for commercial vehicle export and United States is largest tractor market.
Indian auto industry has one percent of share in the global automobile export market in 2009 with exports $4.5 billion worth of automobiles and it has 22nd rank in world.