India Broadband Forum

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II and Consultancy giant IBM stated that by 2020 Indian Automobile Industry will come up as leader in the Global Stage with the innovative products like Nano, by Tatas. A study was conducted among 125 executives of original equipment manufacturers, component suppliers and their parties in 15 countries which showed that Indian auto industry will be shadowing the redistribution of work across the global. This study reflected the abundance of young technicians and primary drivers required for redistribution. This also pointed out that India can be a great hub for product development, innovation and manufacturing of more eco friendly vehicle. It is also been stated that India should be ready to compete with the growing global market to be service provider and innovative industry.