NEW DELHI : As India moves closer to achieving its $5 Trillion Economy dream, the automobile sector is emerging as a strong pillar of growth by contributing around 7.1 per cent to the country’s GDP and nearly 49 per cent to its manufacturing GDP.

Additionally, it supports over 3.7 crore jobs and accounts for close to 8 per cent of India’s total exports. Clearly, the performance of this sector is closely linked to the overall economic growth of the country. More than just a commercial industry, the auto sector is now seen as a . . .