automobile

The automobile industry in India has witnessed a rapid growth over the last couple of decades and in recent years it has also captured the attention of the whole world with some innovative products. It includes manufacturing of cars, two-wheelers like motorcycles, scooters, bikes, passenger cars, trucks, tractors, defense vehicles and buses. INFAC has forecasted a 12-15% annual growth in the passenger car sales, 6-8% in commercial vehicles and around 10% in two wheelers. The automobile industry in India is one of the fastest growing industries at present. The Indian auto makers have stepped forward and placed the Indian automobile sector on a global platform. India is one of the largest markets in the world for automobiles and hence all the major automobile companies of the world sell their cars in the country.