The automobile industry of any nation is a key indicator of its progress, and India is no different. According to estimates, this industry accounts for nearly 7% of India’s Gross Domestic Product and employs close to 19 million people directly and indirectly.
Research shows that India, which is the sixth largest automobile market in the world, is set to zoom ahead of its competitors in the near future.
In an interview with moneycontrol.com, Arvind Walia - Partner Consulting, Mazars and David Chaudat - Global Head Automotive, Mazars, speak about India's automobile sector.
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