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The Indian automobile industry has evolved significantly from importing vehicles in the early 1900s to becoming a major producer today. In the post-independence era, companies like Hindustan Motors and Mahindra & Mahindra established local production. Since the 1980s, economic reforms have attracted many foreign manufacturers to set up operations in India. Currently, India produces over 20 million vehicles annually and has become one of the top automobile manufacturing countries globally. Further growth is projected as electric vehicles grow in market share and India's economy continues expanding.
The Indian automobile industry has evolved significantly from importing vehicles in the early 1900s to becoming a major producer today. In the post-independence era, companies like Hindustan…