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manpreet
Best Answer
3 years ago
If you want to pursue a career in automobile engineering, India provides one the finest platform in the world. It is looking for good development in the future. The Indian automotive sector comprising of passenger vehicle, commercial vehicles, two wheelers and three wheelers is a prominent player in the economy. It saw a rapid growth since its de-licensing in 1993 allowing global automotive giants to set up their manufacturing facilities in the country. India was ranked second largest manufacturer of two wheelers, fifth in commercial vehicles and fifth in passenger cars (beating Thailand, one of the toughest competitor in this sector). In the last seven years, the volume in auto industry of the country grew by 11.6% making it one of the top contributor of GDP. As of 2010, India is home to 40 million passenger vehicles. More than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), making the country the second (after China) fastest growing automobile market in the world.