The total automobile sector is actually quite massive - it was 8% of the GDP back in 2013 and 7-8% of employment.[1] Almost all "imports" below 2 million rupe

The total automobile sector is actually quite massive - it was 8% of the GDP back in 2013 and 7-8% of employment.[1] Almost all "imports" below 2 million rupees are actually manufactured 70-80% in India from scratch (for instance Toyota and Honda mainly import engine blocks and engine electronics from Thailand) and the more expensive Mercs, Audis and BMWs are imported as kits and assembled in India. It's only the Porches and Ferraris that are fully imported. Most of the market anyway is below 1 million Rupees and anyway is mostly owned by Suzuki, Hyundai and Toyota brands who manufacture almost 100% locally. [1] https://www.google.co.in/amp/wap.business-standard.com/article-amp/news-cd/the-indian-automobile-industry-on-a-whole-and-contribution-to-gdp-115022701276_1.html?client=ms-android-samsung https://www.google.co.in/amp/wap.business-standard.com/artic...