Automobile industry in india 2011_2
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The document summarizes the automobile industry in India. It outlines 5 leading automobile companies - Tata Motors, Maruti Suzuki, Hyundai Motors, Mahindra Motors, and Hero Honda Motors. It provides key details about each company such as their CEOs, popular vehicles, production details, and market share. The automobile industry contributes significantly to India's GDP and employment. Major strengths include a large domestic market and competitive auto components while opportunities lie in rising rural demand and income levels.
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Editor's Notes
- The automotive sector is one of the key segments of the economy having extensive forward and backward linkages with other key segments of the economy. It contributes about 4 per cent in India's Gross Domestic P roduct (GD P ) and 5 percent in India's industrial production. This sector has generated about 4.5 lakh of direct employment and about one crore of indirect employment
- This one lakh car has created a revolution in the history of the automobile industry across the world.
- According to the Society of Indian Automobile Manufacturers (SIAM),