Avenues

Emerging automobile sector

PNS

According to a report by National Skill Development Corporation (NSDC), by 2022, nearly 15 million (1.5 crore) people are expected to be employed in automobile sector directly in the industry. The report suggests that the state of Haryana leads in the production of passenger cars, motorcycles, tractors and accounts for 50 per cent of total passenger cars and two-wheelers production in India. The key growth drivers according to report are that India and other BRIC nations would emerge as major manufacturing hubs due to the availability of cheap labour and other favourable investing environment as more companies are looking at India as a manufacturing base and shifting their operations from Europe to India, and other south-east Asian countries.