Economic Impact of FDI on Indian Automobile Sector

Performance of manufacturing sector is a measuring scale of Economic success of any nation. Automobile Industry is one of the fastest growing Manufacturing sectors which is considered as a stepping stone for economic growth and development for the developing countries. India is sixth largest producer in the world with an average annual production of 24 million vehicles in 2016. She has the fifth largest passenger vehicle and commercial vehicle market. It contributes 7.1 percent India's Gross Domestic Product (GDP) by volume. The current study focuses on the economic impact of FDI on Indian Automobile Sector. Chapter one provides basic idea about the Indian Automobile Sector. Chapter two enlists the review of literature. Chapter three envisages the need for the foreign investment in Indian Automobile Industry. Chapter four narrates the role of FDI in Automobile sector. Chapter five elucidates the SWOT analysis of FDI on Indian Automobile Industry. The final chapter concludes the current status of Automobile sector along with the discussion for future studies.