The Indian automobile industry is expected to grow at over 10% annually and reach $40 billion by 2010-2011. Maruti Suzuki India Limited is India's largest passenger car company, accounting for over 45% of the domestic car market. It produces small cars like the Maruti 800 and Alto as well as sedans and SUVs. However, its market share has declined in recent years due to competition from foreign manufacturers like Hyundai, Ford, and Volkswagen. The company aims to boost sales of models like the SX4 through new launches and increased production capacity.