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The automobile sector of India is growing fast. You may be thrilled to know that India is one of the world’s largest car markets. And the reason for the same is the easy availability of finance and rising income levels.This has been encouraging the population to choose from the enormous range of the Automobile sector of India is showing tremendous growth since the last few years and has emerged as a major contributor to India’s gross domestic product (GDP).
Almost 7 % of India’s GDP is contributed by the Automobile sector. Also this sector employs 19 million people both directly and indirectly.
The figures and the statistics given above infer that the Indian Automobile industry has been showing some rapid growth.
The industry is comprised of some major and well-known players. In this course of Automobile Sector Financial Modeling, we are going to analyze Mahindra and Mahindra, which is one of the major companies in the Indian automobile sector. تحديث بتاريخ 23 March, 2023