Hi Alpeshkumar,
Automobile is one of the fastest growing industries, India is the 7th largest producer in the world with an average annual production of 17.5 million vehicles. This sector contributes 7% of the country’s GDP by volume. According to a report of Society of Indian Automobile Manufacturer (SIAM) 2015, our country is also the 4th largest automotive market by mass.
According to industry estimates, automobile sector is expected to sell more than 6 million vehicles by 2020. The latest report by SIAM also says that in April-March 2015, overall automobile exports grew by 14.89% over the same period last year.
Looking at this data, it is clear that India is a potential engineering automobile market and jobs in this sector is expected to grow significantly.
Thank you and best of luck.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile