11 Cars for Every 1000 Indians

Interesting Facts about Indian Car Industry:

• There are just 11 cars on the road for every 1,000 Indians, according to a Deloitte report, compared with 511 in the U.K. and 22 in China. (Imagine the traffic if it doubled to beat china or half close to UK's)

• A total of 350,000 cars will be exported from India this year, 30% more than were exported in 2008.

• Currently, the auto sector accounts less than 1% of India's gross domestic product, says Majeed, compared with 3.5% in China and 4.5% for the world as a whole. Economists say the automaking could account for 10% of India's GDP by 2016.

Read more: http://www.time.com/time/world/article/0,8599,1949084,00.html#ixzz1XG93Plxs