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Essay text:
for every additional rupee of output in the auto industry, the overall output of the Indian economy increases by Rs. 2.24.
• Realising this, successive governments have taken various measures to provide the much-required push to the auto sector.
Indian Automobile Industry Growth
The passenger car and motorcycle segment in Indian auto Industry is growing by 8-9 per cent.
Current Scenario
• The Indian Automobile Industry crossed a landmark with total vehicle production of 10 million units.
• Car sales was 8,82,094 units against 8,20,179 units in 2004-05.
• The two-wheeler market grew by 13...
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