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 vehicles. Thus 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 i.e. (GDP). Almost 7 % of India’s GDP is contributed by the Automobile sector. Also this sector employs 19 million people both directly and indirectly.