Automobile Industry in India has come a long way. There was a time when only a handful of cars like Maruti and Fiat ruled the roads. In the recent times, there’s a tremendous rise in the posh and swankiest cars on the roads. Global automobile giants like Volvo, General Motors and Ford have ventured the Indian auto markets.


Today, the Indian Auto Industry is the tenth largest in the world. It has an annual production of approximately 2 million units. It is predicted that in the coming years, India will become one of the major automobile industries in the world. The liberalization policy in 1990s and tax reliefs by the Govt. of India had a major impact on the Indian Automobile Industry. Indian auto industry is currently growing at the pace of around 18 % per annum.


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