The automobile industry is definitely a symbol of the industry of a big country, so any country that is rapidly industrializing after completing industrial upgrading can see a booming automobile industry, including China and India.
Nowadays, the development of automobiles in India is very fast.
In recent years, the Indian automotive group led by Tata has introduced a large number of technologies and production lines from Western car companies, and gradually established a complete set of its own automobile production system.
The mainland has chosen to overtake in corners, and in the case that the technology of internal combustion engine vehicles is difficult to compare with the United States and Western countries in a short period of time, we have given priority to new energy vehicles.
So after so many years of hard work, who has the stronger commercial influence between the two auto giants, China and India?
First, the income of Indian automobiles is not low
Today, the most promising and influential automotive company in the Indian market is definitely Tata Motors, a subsidiary of the Tata Group.
The company has a staggering 30% market share in the Indian market.
India is also a large country with a population of more than one billion, and their consumption potential is still very large.
And with the continuous improvement of India's economic level, the demand for cars in Indians will also further increase, so Tata Motors' revenue is still quite considerable.
According to publicly available data, Tata Motors' annual revenue can reach a staggering $52.7 billion.
And there is a trend of further growth in the future.
Some international organizations have predicted that India is currently the world's fourth-largest passenger car market and will become the world's third-largest passenger car market by 2025.
The demand for cars in India will even surpass that of the United States.
Then, India's Tata Motors Company, which relies on the U.S. market, is still very optimistic about its future development prospects.
Compared with Indian car companies, Continental still has an advantage.
BYD is definitely the most influential car company in the mainland.
BYD is also currently the world's largest new energy vehicle company, and their new energy vehicle production and shipments have reached a very astonishing level.
In 2023, BYD will sell 3.02 million new energy vehicles in a year.
If the total revenue is to be calculated, it can reach 602.3 billion yuan, which is much more than India's Tata Corporation.
India's Tata Motors Group's total revenue of 52.7 billion US dollars is converted into 382.7 billion yuan.
In this way, everyone should be able to see that the mainland's auto companies are definitely stronger than India's auto companies.
Moreover, in the foreseeable future, the gap between the two sides will further widen, which also has to start from the strategic layout of the two sides.
Second, there are restrictions on the development of Indian automobile companies
India's car companies are growing fast and making good revenues, but this is based on the fact that India has a very well-established local market.
Moreover, the future development of Indian car companies will definitely encounter a serious bottleneck.
After all, Indian car companies have not yet established a sustainable development model like Chinese car companies.
India's Tata Motors is still at the low end of the industrial chain, and to put it bluntly, they have to use a lot of foreign technology when designing and producing cars.
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Even the cars they produce are simply rough assemblies of mainland car parts, of which there are very few technologies and components that really belong to India.
Then, such a development model cannot be long-lasting.
On the other hand, China's auto companies are really moving towards the high-end of the industry.
Originally, we also made rough imitations of cars from foreign countries, and even bought some parts to assemble them ourselves.
But since 2010, we have been working on our own cars.
After years of hard work, we have made a lot of breakthroughs.
For example, at present, the local parts rate of China's new energy vehicles is still quite high.
For example, many of the key parts used in the cars produced by BYD are made in China, and the batteries are designed and produced by several Chinese companies such as CATL.
This is the advantage of China's auto industry over India's auto industry.
India's model of auto industry development is not sustainable, and without the technical and financial backing of foreign companies, their revenues plummet.
And for every car sold by India's Tata company, it has to give money to the owners of parts manufacturers and technologies.
But the mainland car companies don't need it, after all, the core technology is in their own hands, and the money is also distributed to local enterprises, and all the benefits are digested internally.
This is fundamentally different from the business group model in India.
If India wants to compete with Chinese auto companies, it must first find a way to master the core technology and make them a research-based enterprise.
And not only to become assemblers and foundries of foreign products.
However, when India will be able to complete the road to independence, I am afraid that India's own people do not know in their hearts, because the difficulty of independence is very high.
If the country does not have the courage and the right decision-making, it is almost impossible to truly realize independence.
Moreover, even if India can only assemble foreign cars, it can only produce some internal combustion engine vehicles.
India's new energy vehicle technology level is quite weak, to some extent, India's new energy vehicles have hardly started.
But the future is the era of new energy vehicles, and internal combustion engine vehicles will gradually be abandoned by the times, which is almost inevitable.
Because although internal combustion engine vehicles are more mature in technology, it is an objective fact that they will cause pollution to the ecological environment.
And now all conscientious and far-sighted countries are protecting the ecological environment, so India is also bound to move towards the new energy era and carbon neutrality.
The traditional car production lines that are now in the hands of India's Tata Motors Group will be worthless in a few decades.
Even so, India has no layout in the field of new energy vehicles.
Then they can only be at the low end of the industrial line in the future.
In order to establish a new energy transportation system, India must also buy our new energy vehicles.
After all, China's new energy vehicles are in the leading position in the world in terms of quality and cost.
So it's not right to compare India's Tata with the mainland's BYD, because there is no comparison between the two sides at all.
One is a technology-based automobile company with self-design and R&D capabilities, and the other is a manufacturing company that can only be foundry.
In such a situation, it is meaningless for India's Tata Group to make more profits, and they can only do business to make a profit.
But we have a hen that can lay eggs constantly, and everyone knows how big the gap is.
Third, if India wants to complete industrialization, it must be independent
Today, India has always claimed to be a great power and to complete industrialization.
But their industrialization process is very slow, and they are not on the same level as China at all, which is also because India is too ambitious.
Their governments have always come up with a variety of ambitious development plans, but lack the capacity to deliver them.
As a result, the credibility of the Indian government is very low, and everyone knows that their officials only talk big things.
However, it is impossible to make up for the industrial system by talking big, and if it wants to truly complete industrialization, it is not enough to rely on foreign technology and financial support, and India has to master the core technology by itself.
Otherwise, you will always be able to be the OEM of a scientific and technological power.
Just like we did before, we bear the most pollution, and workers on the mainland have to work overtime every day.
But we were only able to make the least amount of money in the original industrial line, because we could only earn one assembly fee.
Now India seems to be willing to be in the lower reaches of the industrial line, although occasionally there will be a shout or two for independence, but there is little real action.
This is the essential difference between China and India.
Why has China been able to complete its rise and truly complete industrialization?
It is because although we have also undertaken foreign production lines, introduced foreign capital, and introduced foreign technology, we have been learning and trying to break through the limitations of being stuck.
Therefore, this path taken by China is the path of truly sustainable development.
If India wants to rise, it must learn from China and move towards independence.
And if India can really learn from China's development model, India's future is still very broad.
After all, India can be regarded as a huge country, with sufficient population, huge land, and abundant natural resources, which make India have great potential.
But the question is whether these potentials can be realized, and if they can't, then everything is false.
In the past half-century, India has been too comfortable to get a large number of advanced weapons from the United States and the Soviet Union.
After a long time, they feel that they have no need for research and development, and even if they put forward some research and development plans, the official attention is not enough.
The final result is that the so-called domestically produced fourth-generation fighter is to buy back parts from the mainland and assemble them.
India's so-called domestically produced aircraft carriers took more than a decade to build.
China has built three of them, and none of their aircraft carriers have yet to form combat effectiveness.
epilogue
India's automobile industry does have great potential, but it is useless to have empty potential, and it is necessary to turn potential into real power to solve the problem, and the current India obviously cannot do this.
India's auto industry is making money, but its current model of development is unreliable.
The real money is still made by those foreign companies that have taken root in the Indian market, and Indian local companies are just rubbing on this industrial line and drinking soup.
Therefore, India must find a way to take the road of independence and self-determination, and cannot always rely only on other countries' industrial lines and other countries' technologies to make money.
References:
Matcha Macha2024-06-23 Comparison of Chinese and Indian auto giants: Tata Motors' annual revenue is $52.7 billion, what is BYD?
Jiang Gekan Finance2022-07-26India's Tata Group, with an annual income of 100 billion US dollars, what is the level if it is in the mainland?
Understand the sight of Che Di2024-04-06 Overseas | India's electric vehicle sales will almost double in 2023, and BYD's growth rate will exceed 1,500%