Auto sector is estimated to employ 1.5 crore people by 2022

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Auto sector is estimated to employ 1.5
crore people by 2022Automobile sector will directly employ around 1.5 crore people by 2022 according to a report by National Skill Development Corporation (NSDC).
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Haryana leads in the production of passenger cars, motorcycles, tractors and accounts for 50% 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 labor 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.

"According to industry estimates the automobile industry accounts for 22-25% of the country's manufacturing gross domestic product", Dilip Chenoy, managing director and CEO, NSDC said.

"There is an urgent need to update the courses with the change in technology implemented at the plants," he said.

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(Image credit: Indiatimes)