Automotive

Welcome to the stage of auto industry where Indian Automobile Industry occupies the noble position, because of buoyant & robust economy and burgeoning income level. The automotive industry has turned out to be an engine of Indian economy and the contribution of the automobile industry to overall Indian economic growth is such significant that it provides 4.2 percent of the GDP. Indian automotive industry is in a such position that it plays a decisive role in the global auto sector by manufacturing almost every kind of conveyances such as passenger vehicle, commercial vehicle, multi-utility vehicle, truck, two wheelers,  and three wheelers.

 

Automobile including auto components is reckoned as one of the largest industries which the overall industrial growth of the country heavily falls upon. The industry has been riding on spectacular growth for the last 2 decades and new launches of the cars and amelioration of existing models have become the order of the day. This sector has been capable enough to develop sophisticated technology, reform its infrastructure, and catch up with global development & technology. Liberalization and delicensing of the industry have made automotive a sunrise industry of the Indian economy.