With the second Global Investors' Meet (GIM) scheduled on January 23 and 24, the Government of Tamil Nadu is expecting its strength in the auto and auto component industry to attract investments into the sector. The State claims that Chennai is the largest contributor to the automobile sector in the country in terms of industrial output and is one among the top 10 global auto hubs, with an annual installed capacity of 1.46 million units for passenger cars.
The city has an installed capacity to produce one car every 20 seconds (three cars per minute) and one commercial vehicle every 90