The document analyzes opportunities for India as an international sourcing destination for the design, development, and manufacture of automobile engines for the global passenger car industry. It discusses trends in the global automotive industry, including the importance of the powertrain which comprises 40% of a car's value. The powertrain market is projected to exceed $598 billion. India has advantages like a growing middle class, stable economy, and lower costs, but needs to integrate more into global production networks and innovation to remain competitive. The document examines trade in car engines and India's potential to influence key markets. It also evaluates how trade agreements could create opportunities for Indian players.