The automobile industry in India is the fourth largest in the world, valued at $ 32.70 billion in 2021. According to IBEF, It is expected to grow at a CAGR of 9% between 2022 and 2027, reaching a valuation of […]
The automobile industry in India contributes to 7% of the country’s GDP and is a major pillar in the country’s economy. The government has implemented various industrial policies to support the industry’s growth and plan developmental goals related to the […]
The Automobile Industry in India is a strong pillar of the economy. Since the liberalization of the industry in 1991, its contribution to the economy has become very significant. It contributes around 6.4% of India’s overall GDP, and 35% of […]
Around 23.80 lakh units were sold in November this year, compared to 18.93 lakh units in November 2021 and 23.44 lakh units in November 2019, a pre-Covid year. Registering a growth of 26% on an annual basis, auto retails in […]
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