Question

what is the present position of automobile industry in india ?

Answer 1

1. Liberalisation has stimulated the demand for vehicles in the market, which has contributed to the healthy growth of the industry.

2. New technology emerged and the industry aligned itself with global
developments due to Foreign Direct Investment.

3. In the recent times, the industry possesses 15 manufacturers of passenger cars and multi-
utility vehicles, 9 for commercial vehicles, 14 for the two and three-wheelers.

4. The industry is spread over a huge area, so located around Delhi, Gurgaon, Mumbai, Pune, Chennai, Kolkata, Lucknow, Indore, Hyderabad, Jamshedpur and Bangalore.