Top 10 CEOs In Automotive - 2022

As per 2021 statistics, the Automotive industry in India is the fourth-largest in the world, and is set to see a growth of 10 percent in 2022 on strong underlying demand reflecting the general economic recovery and consumers' preference for personal vehicles over public transportation. Currently, India's auto industry is worth more than $100 billion and contributes 8 percent of the country's total export and accounts for 2.3 percent of India's GDP. Additionally, as per IBEF analysis, India's Automotive Industry is worth more than $222 billion and contributes 8 percent of the country's total export and accounts for 7.1 percent of India's GDP and is set to become the 3 superscript largest in the world by 2030. Well, it is the rising middle class income and a huge youth population that is backing this strong demand.

 In June 2022, the total production of passenger vehicles included, three wheelers, two wheelers, and quadricycles was 2,081,148 units. Today, given the environmental concerns, focus is shifting to electric vehicles to reduce emissions, and thus the electric vehicles industry is likely to create five crore jobs by 2030. Witnessing such demands, even, the Government of India expects the automobile sector to attract $ 8-10 billion in local and foreign investments by 2023. Well, driving this prolific automotive industry, there are skilled CEOs positioned across the industries today, proficiently leading numerous companies in the automotive industry applying their adept knowledge and analysis points.

In this issue of the CEO Insights magazine, a list of `Top 10 Leaders in Automotive - 2022' is provided to the CEOs in corporate and different sectors, for informing on the excellent services leveraged by the Leaders in the industry. The listing is prepared by a team of industry veterans, CEOs and VCs, and the CEO Insights magazine editorial board.