The Indian automotive industry is one of the largest in the world with an annual production of over 20 million vehicles. The automobile industry accounts for around 22 per cent of India’s manufacturing GDP. India is probably the most competitive country in the world for the automotive industry.
An rapidly expanding middle class, a young population, and the rural demand have driven both 2-wheeler & passenger 4-wheeler demand. India is also a substantial auto exporter and is aiming to be a global manufacturing hub for Auto Makers. Various initiatives by the Government and the major automobile players is expected to make India a leader in the 2-Wheeler and 4-Wheeler market in the world by 2020.
On a global perspective Indian automotive industry is :
- largest three-wheeler market
- Second largest two-wheeler market
- Tenth largest passenger car market
- Fourth largest tractor market
- Fifth largest commercial vehicle market
- Fifth largest bus and truck segment
The last 2 years have seen a decline in the automotive industry’s otherwise smooth-running growth. High inflation, soaring interest rates, low consumer sentiment and rising fuel prices along with economic slowdown had led to the downturn of the industry.
The industry has attracted foreign direct investment (FDI) worth over US$ 12 billion in the last 15 years.
Right Step Consultancy is a Leading Automotive Recruitment Agency. We have been helping our clients by providing manpower recruitment services which helps in building their businesses.
Our Automotive Recruitment Consultants help clients achieve substantial, positive, and sustainable impact in their performance. The practice serves clients across the industry vertical, including :
- Auto Components 2 – wheeler
- Commercial Vehicle Passenger Car & Utility Vehicles
- Tyre Tractors & Agri Equipments
Recent Searches in Automotive Recruitment
Plant Head – A European Multinational Construction and Mining Equipment Company
Head of Finance - A European Multinational Construction and Mining Equipment Company
Head of Taxation - A European Multinational Construction and Mining Equipment Company
Head of Sales - a Leading Tyre Trading House in Middle East
Head of HR – a leading automobile company
Head of Paint Shop - a leading automobile company
Head of Sales
Head of After Market
Head of Exports