The Automobile Industry

The Automotive effort in India is one of the largest in the introduction and one of the fastest growing globally. India manufactures over 11 cardinal 2 and 4-whee take vehicles and exports about 1.5 million every year.[1] It is the worlds blink of an eye largest manufacturer of motorcycles, with annual sales exceeding 8.5 million in 2009.[2] Indias passenger car and commercial vehicle manufacturing industry is the  7th largest in the world, with an annual proceeds of much than 2.6 million units in 2009.[3] In 2009, India emerged as Asias fourth largest exporter of passenger cars, behind Japan,  southerly Korea and Thailand.[4] As of 2009, India is home to 40 million passenger vehicles and more than 1.5 million cars were sold in India in 2009 (an increase of 26%), making the dry land the second fastest growing simple machine market in the world.[5][6] By 2050, the country is expected to teetotum the world in car volumes with approximately 611 million vehicles on the nations roads.[7] A major chunk of Indias car manufacturing industry is based in and around the city of Chennai (also known as Detroit of India),[8] with the Indian city accounting for 60 per cent of the countrys automotive exports.

[9] Chakan corridor near Pune, Maharashtra is an new(prenominal) prominent vehicular production hub with General Motors, Volkswagen/ Skoda,Mahindra and Mahindra in the process of setting up or already set up facilities.[10][11] Halol in Gujarat, Gurgaon neighboring  in the altogether Delhi,Aurangabad in Maharashtra, Kolkatta in West Bengal are some of the other automotive manufacturing regions around the country.[12][13][14] Following economic liberalization in India in 1991, the Indian automotive industry has demonstrated sustained growth as a result of increased combat and relaxed restrictions. Several Indian automobile manufacturers such as Tata Motors, Maruti Suzuki and Mahindra and Mahindra, grow their domestic and international operations. Indias robust economic growth led to the further expansion... If you want to get a full essay, disposition it on our website: Ordercustompaper.com

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