The automobile sector of India is one of the largest in the world, and accounts for over 7.1% of India’s gross domestic product (GDP). It also contributes to nearly 22% of the country’s manufacturing GDP. The industry employs 29 million people, directly and indirectly, and contributes to 13% of the nation’s excise revenue….
Auto industry integral to India’s great leap forward in 2018
India’s ambition will only grow as the 2017-18 period closes, writes Abdul Majeed, Partner at Price Waterhouse, but incoming emission and safety standards will challenge OEMs of all types