The Automobile Industry in India is one of the largest and fast growing sectors globally. India manufactures over 11 million vehicles and exports about 1.5 million every year. Fast growth in automobile industry has put the demand of automobile professionals to a multi fold level. Times Placement Services automobile vertical is well equipped to provide staffing solutions across all levels.
According to a study, the Indian market will clock the fastest compound annual growth rate between 2009 and 2020, more than double that of China and the triad of North America, Europe and Japan. India's CAGR between 2009 and 2020 is expected to be 14 per cent compared with China's 6 per cent, other emerging markets' 6 per cent (which includes BRIC nations) and the triad's four per cent.
The government has claimed that the country has become the seventh largest vehicle producing nation in the world, six years ahead of the set target.