Global Automotive Executive Survey 2017

Geopolitical turmoil & regional shift 51
Executives believe that India won’t become a second China when it
comes to vehicle sales.
India is about to surpass China as the most populated country
and given China’s success story over the last two decades,
it is worth considering India as the next China. However,
according to two out of three executives, India will not come
anywhere close to China in terms of vehicles sold by 2030.
Only a small amount of 12% of executives expect India to
reach the around 33 million units of sales that are predicted
for China.
NextGen Analytics: Disposable income per capita (USD), China vs. India
Analysing India on a more detailed level by looking at the
development of the decisive consumer market factor of
disposable income per capita, the doubting opinion about
India is not surprising. China’s income development has
outdistanced India’s GDP since the beginning of this century
and growth rates especially do not seem to match. Low
income and purchasing power do not make India an attractive
sales market because even simple cars are considered a
luxury good to the majority of the population.
12 %
Only of executives believe that India will get
anywhere close to China in terms of vehicles sold by
2030.
Executive opinion
41%
Partly disagree
25%
Partly agree
21%
Absolutely agree
Neutral
10%
Absolutely disagree
2%
5,000
4,000
China by 2020
4,583 USD disposable
income per capita
3,000
2,000
1,000
0
India by 2020
1,631 USD disposable
income per capita
China
India
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
Note: Percentages may not add up to 100 % due to rounding | Source: KPMG’s Global Automotive Executive Survey 2017
Source NextGen Analytics Graphic: Economist Intelligence Unit (EIU), KPMG Automotive Institute 2017
kpmg.com/GAES2017
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