5. Automobile:

The Indian automobile industry has emerged as a sunshine sector in the Indian economy. This sector occupies a prominent place on the canvas of the Indian economy. Due to its profound association with several key segments of the economy, automobile industry has a strong multiplier effect and is capable of being the driver of the economic growth and prosperity.

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Being one of India’s largest industries, this sector has witnessed impressive growth during the last two decades. The automobile sector has been able to resurrect itself, imbibe newer technology, assign itself to the global developments and realize its potential in the last few years, thereby significantly increase its contribution to overall industrial growth in the country.  

In the year 2012, the Automobile industry has accounted to about 22,890 new jobs across the country.

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