Many reasons in a country like India. Again, we are talking about India here. Huge country with terrible infrastructure but a very young population with hunger

Many reasons in a country like India. Again, we are talking about India here. Huge country with terrible infrastructure but a very young population with hunger for success. If there are more car companies, it means more businesses who will need to hire more people. More jobs right there. Then, with more competition, prices stay reasonable and more people can afford a car. It means more people can get a job to commute further and perhaps be able to work at places they could not before. They will spend more money on consumption of food, fuel, insurance. It all goes to the economy. With very few choices, it almost becomes a monopoly and then you can only do so much as a consumer. With more choices, you have more consumers and more producers. Consumers spending money injects growth in the economy. Producers create jobs and indirectly create further growth in a growing economy like India's. Wait, did I just describe Capitalism ? :)