The Indian automobile industry is one of the biggest and most important. It has tremendous growth potential, both for Indian and foreign manufacturers.

In many ways it is like China's auto industry: Over a billion people, a growing economy, increasing wealth, and cheaper and cheaper cars becoming available. Nevertheless, India is still almost a decade behind China in terms of annual auto production, with 2.3 million manufactured in 2008. However, India exports more cars than China does.

The Indian car industry made headlines worldwide when Tata Motors released the Nano as one of the cheapest cars ever made.