*Research Scholar, Department of Commerce, Alagappa University, Karaikudi, Tamil Nadu, India Email id: nagamanikn2011@gmail.com
**Professor, Department of International Business, Alagappa University, Karaikudi, Tamil Nadu, India Email id: muthuroja67@rediffmail.com
Online published on 18 December, 2018.
This research paper is a study on the automobile industry in India. The importance of the study is very high since India has been on a stupendous growth trajectory in the last decade in terms of production, domestic sales and export. For the study of that the researcher has taken production, domestic sales and export data for five years from 2013–14 to 2017–18 with secondary data. The study has been analysed in terms of Compound Annual Growth Rate and Trend Analysis. The growth rates for future have been estimated based on the analysis for next two years from 201819 to 2019–20 by using least square method. The study shows that the overall growth is positive even though there are some fluctuations from linearity.
Compound Annual Growth Rate (CAGR), Domestic Sales, Export, Production, Trend Value
