Automotive

Being one among the largest industries in the world, automotive industry encompasses of automobile and auto component sectors and is one among the key drivers of the economy because it provides large-scale employment, having a robust multiplier effect. This sector has been observing remarkable growth during the last two decade.

It's been ready to reform itself, absorb newer technology, align itself to the worldwide developments and realize its potential. This has expressively increased automotive industry’s contribution to overall industrial growth within the country.

Thanks to its deep forward (credit and financing, logistics, dealership retails, advertising, repair and maintenance, petroleum products, gas stations, insurance, service parts) and backward (aluminum, metals-steel, copper etc. plastics, paint, glass, electronics, capital equipment’s, trucking warehousing and logistics) linkages with several key segments of the economy, the car industry has a robust multiplier effect on the expansion of a rustic and hence is capable of being the driving force of economic process.

Automotive industries and accomplishments engrossed in the manufacture of motor vehicles, as well as most constituents, such as engines and bodies, but excluding tires, batteries, and fuel. The automobile industry is often regarded as a classic example of a producer-driven commodity chain.