Indian auto industry - evolution and importance of Automotive components
Thursday, January 15th, 2009
The automotive sector in India contributes to 5% of the nation’s GDP and 17% of the indirect taxes as a result of which the government last year
charted a 10-year blueprint for the sector’s growth. This envisages the automotive sector “output reaching a level of $145 billion accounting for
more than 10% of the GDP” [...]
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