The automotive industry in India is one of the largest and fastest growing in the world. Passenger car sales have grown 137 percent in the past six years. With the economic downturn in the west, global car makers are capitalizing on the world’s 6th largest car market and enhancing manufacturing operations to benefit from the country's competitive engineering skills and cost-effective labour.
The 2nd Annual India Automotive Summit took place on July 26th – 27th, 2012 in Pune and brought together major players in the industry to discuss critical topics including the impact of rising fuel prices on the automotive industry, customization for the Indian market to fit the local demands, as well as the opportunity of global sourcing and India's leading role.