India: 25 million automotive jobs by 2016
Upon entering Ford's factory just outside the city of Madras (Chennai) in the south of India, it feels like you have just stepped out of a time machine.
The noise, the sparks, the industrial smell is all reminiscent of a bygone era. This is a very old-fashioned factory.
"In the U.S., you see automation," said the factory manager as he shows the media through the low lit factory. "Here we have a huge workforce."
India's labour heavy car industry has created thousands of jobs and in turn, helped to drive economic growth.

Predictions by India’s Government claim that by 2016, the automotive industry should have created jobs for 25 million people.
For every job directly created by the automotive industry, several more are created indirectly in the economy at large, a contributor to the report, managing director and chief executive of India's best-selling car maker, Maruti Udyog, reported.

May 2008
|