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What is Indian Automotive Industry Growth Trends about?

The Indian automotive industry has seen tremendous growth in recent years due to rising incomes and standards of living. It is projected to reach 10 million vehicles sold annually, with commercial vehicles making major contributions. Industry experts estimate annual growth of 9.5% through 2010. India has become one of the largest markets globally for two-wheelers, commercial vehicles, and is projected to become the third largest automobile market by 2030. Domestic vehicle sales in 2008-09 included over 7.5

Author

nagrawal558

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EN