Automobile Industry

India is a prominent auto exporter and has strong export growth expectations for the near future. In addition, several initiatives by the Government of India and major automobile players in the Indian market are expected to make India one of the leaders in the two-wheeler and four-wheeler market in the world by 2022.

The industry also provides great opportunities for investment and direct and indirect employment to skilled and unskilled labor. The large number of people the industry employs has made it a key determinant of economic growth.

Read the analysis to know more about the industry.

Credits:- Arzoo Raj and Saksham Singh

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s