The automobile sector in India had a profit after tax contribution of ten percent in 2018. This sector's contribution to the economy through profits after tax was seen to be gradually increasing from 2011. This was largely because consumption of goods like cars and electronics has been replacing investments as the key driver of India's GDP growth.
Automobile sector profits after tax contribution in India from 2003 to 2018*
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Motilal Oswal Group. (January 24, 2019). Automobile sector profits after tax contribution in India from 2003 to 2018* [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed
Motilal Oswal Group. "Automobile sector profits after tax contribution in India from 2003 to 2018* ." Chart. January 24, 2019. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed
Motilal Oswal Group. (2019). Automobile sector profits after tax contribution in India from 2003 to 2018* . Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed
Motilal Oswal Group. "Automobile Sector Profits after Tax Contribution in India from 2003 to 2018* ." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed
Motilal Oswal Group, Automobile sector profits after tax contribution in India from 2003 to 2018* Statista, https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed (last visited February 19, 2025)
Automobile sector profits after tax contribution in India from 2003 to 2018* [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1051712/india-automobile-sector-profits-after-tax-share/?__sso_cookie_checker=failed