Vol. 4, Issue 3, Part I (2018)

Abstract
The auto industry saw some big changes in 2017 — but electric cars and autonomous vehicles were just hype. Industry execs agree the car business is undergoing unprecedented change. But some of that change is more meaningful than others. Several much-discussed "disruptions" are more speculative than for-real. Automobile manufacturers in India recorded a turnover of over 67 billion U.S. dollars in financial year 2017. This was about the same value in fiscal year 2013. Domestic sales saw a loss of 18 percent, while exports grew at nearly three percent. The present article is a theoretical account of the growth of the automobile sector in India in the year 2017.