The automobile industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest economic sectors by revenue.
Automobile Industry in India is one of the largest and fastest growing industries in the world.India has become a major auto hub and emerged as an important global manufacturing base for automobile companies as it provides low cost production opportunities and has a well trained workforce at competitive costs.
Numerous global automotive giants are upbeat about their expansion plans in India and are willing to enter into partnerships with domestic companies to produce automobiles.
Due to the industry's highly competitive environment interprets into a strong demand for senior management who can successfully direct companies in challenging times. The industry requires change management skills as well as an ability to create innovative middle and long term strategies.
However the availability of skilled manpower is gradually beginning to fall short of the industry’s requirements and this could have an impact on the future growth trends.Due to this a lot of avenues, business opportunities, and jobs are opening up.
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