This situation reflected the India Mot Reading of yester years. Economic reforms and deregulation have transformed that scene. Automobile industry has written a brand new inspirational tale.
It is really a tale of exciting multiplicity, unparalleled growth and amusing consumer experience - all within a few years. India has recently become one of the fastest growing automobile markets in the world. This is a tribute to leaders and managers in the market and, equally to policy planners.
The automobile industry has the opportunity to rise above this remarkable achievement. It's sitting on the doorsteps of a quantum leap.
The Indian automobile industry is dealing with a technological change where each firm is engaged in changing its processes and technologies to keep up the competitive advantage and provide customers with the optimized products and services.
Beginning with the 2 wheelers, trucks, and tractors to the multi utility vehicles, commercial vehicles and the luxury vehicles, the Indian automobile industry has achieved splendid achievement in the recent years.