Indian Automotive Industry

The Indian Automotive Industry refers to the sector within India that manufactures and sells motor vehicles, including cars, trucks, motorcycles, and auto components. It encompasses a wide range of activities, from the design and production of vehicles to their distribution and after-sales services. This industry plays a crucial role in India's economy, contributing significantly to GDP and employment. It includes various players, such as original equipment manufacturers (OEMs), suppliers of components and parts, and service providers. The industry has seen substantial growth and transformation over the years due to factors like rising consumer demand, government initiatives, foreign investments, and advancements in technology, including a focus on electric and green vehicles. The Indian Automotive Industry is also influenced by regulatory frameworks, safety standards, and environmental considerations.