3. • The automotive industry in India is 4th largest in the world surpassing Germany in sales.
• The automobile industry contributes 2.3% of India's GDP and 49% of its manufacturing GDP.
• India's auto industry is worth of more than US$100 billion and contributes 8% of the country's
total export.
• India could be a leader in shared mobility by 2030, providing opportunities for electric and
autonomous vehicles.
• The Government of India expects the automobile sector to attract US$ 8-10 billion in local and
foreign investments by 2023.
• Some of the most crucial issues that all automobile manufacturers are currently facing is Global
Shortage Of Semiconductors.
Automobile Industry
