In a recent published research report from Research and Markets Forecast to 2014 it is clear that the Indian Automotive industry has grown rapidly. It is a growth that is set to continue based on an influx of overseas technology and capital to a point were many globally companies now view India more favorably than China as a spuce point for components.
More info on the report: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070903005017&newsLang=en
