How Large Is The Automotive Industry?

What impact will Make in India have on its automotive industry?

The automotive industry, encompassing the design, development, manufacturing, marketing, and sales of motor vehicles, represents a colossal global enterprise. Its magnitude can be gauged by considering that in 2023, over 90 million vehicles were produced worldwide.

The industry’s significance stems from its pivotal role in economic growth, technological innovation, and job creation. It drives advancements in engineering, materials science, and manufacturing processes, while fostering a vast network of suppliers and service providers.

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