10/16/07

Automotive Industry to create 25 million jobs

The automobile sector in India provides direct and indirect employment to more than 10 million people. If the number of people employed in the auto-component and auto-ancillary industry is taken into account, then the number goes even higher.

 

By 2016, the automotive industry is expected to create 25 million jobs in India, according to Government predictions, set out in its Automotive Mission Plan. Of this, 62 per cent will be skilled workers, and 10 per cent, unskilled; the balance 28 per cent would comprise management and general personnel.

 

For every job created directly by the automotive industry, a further seven are created indirectly in the economy at large.