STUDY ON ECONOMIC GROWTH THAT AIDS AUTOMOBILE INDUSTRY IN SOUTH TAMIL NADU

Abstract

The current study seeks to understand the economic growth that benefits the automobile industry in Chennai. The increase of this area has been fueled with the aid of sturdy authority’s support, which has helped it carve a special course amongst the manufacturing sectors. The cars produced in the uniquely cater to the needs of low- and middle-income businesses of the population, which makes this region stand out amongst the different automobile-producing countries. The study's aim used to be to take a look at the influx of direct funding into the vehicle enterprise from 2017 to 2022. The total estimated pattern measurement is 150, which has been observed in all senses and is being evaluated for closure. The find out about information series for lookup work is primarily based on secondary sources. For the F-test evaluation used in this study, the researcher used a statistical check and a sketch to current the data. The learn about end result indicates that the financial boom of the vehicle industry, with admire to the coefficients of correlation between their financial boom in the vehicle industry, indicates that no big distinction is existing between the corporation’s (Z determined = 1.336; p > 0.05). Therefore, it is concluded that motivation for the evaluation of increase is furnished with the aid of two main traits in the Indian car area in the course of the final decade. The recognition of passenger automobiles and two-wheelers is growing. Passenger car increase is low in evaluation to different sectors.