New Delhi, June 30 -- India's automobile sector continues to drive the country's economic progress, emerging as a key pillar of manufacturing and exports.
According to industry data for the financial year 2024-25, the auto sector now contributes around 7.1 per cent to India's GDP and an impressive 49 per cent to the manufacturing GDP.
The sector has also become a major source of employment, supporting over 3.7 crore jobs across the country. Additionally, it accounts for nearly 8 per cent of India's total exports, highlighting its growing global presence.
With expanding production capacity and rising demand, India is now the third-largest automobile market by sales and fourth-largest by production globally.
In FY25 alone, India produce...
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