Automotive Industry Plays Big Roll in India's Plans for $5 Trillion Economy, an Industrial Info Market Brief

As India aims to have a $5 trillion economy by 2024, an upward trend in its automotive industry is seen as a necessary component. As the biggest contributor to India's gross domestic product, the automotive industry needs to grow substantially in the coming years. Industrial Info is tracking 113 capital automotive projects worth $4.95 billion in India.