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What is Overview of India about?
The automotive industry in India occupies a prominent position in the economy. The industry is poised to grow over three-fold in the next 8 years with investments of over $30 billion. Key segments include passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers. In 2014-15, total automobile production in India reached over 18 million units. Major players in the industry include Ashok Leyland and Asian Motor Works.
- Author
- rgrao85
- Language
- EN