The automobile industry in India the tenth largest in the world with an annual production of approximately 2 million units is expected to become one of the major global automotive industries in the coming years. A number of domestic companies produce automobiles in India and the growing presence of multinational investment, too, has led to an increase in overall growth.
India’s car market has emerged as one of the fastest growing in the world. The number of cars sold domestically is projected to double by 2010, and domestic production is skyrocketing as foreign makers are setting up their own production plants in India. The government’s 10-year plan aims to create a $145 billion auto industry by 2016.
The automobile industry designs, develops, manufactures, markets, and sells motor vehicles. This process generates huge amount of other business opportunities in service and sale sector of automobile.
In spite of manufacturing this industry offers lots of business opportunities for small enterprise like:
Interior, accessory and decoration business
Wheel alignment, type resoling and sale
Engine tuning, oil changing and washing services
Car, Truck and automotive Battery sale and recharge services
Automobile spare parts sale and services
Automotive glass repair and replacement
Paint Protection System, Interior Cleaning, Wax Polishing and Undercoating services