The government aims to give full support to the automobile industry and particularly to technology upgradation. Addressing the valedictory ceremony of the 10th Auto Expo in New Delhi today, Minister of State for Commerce and Industry Jyotiraditya Scindia said the government has already been encouraging cluster based geographical development for enterprises. The Minister also noted that the emergence of the Indian auto components industry as a serious global player was equally impressive.<br/><br/>AIR correspondent said in the week long extravaganza, 72 vehicles were launched. Among these, there were more than 10 global launches comprising passenger vehicles and two-wheelers. The number of new models launched at the silver jubilee edition of the auto expo underlines the robust recovery of the Indian auto market and the growing stature in the world. while most of the key markets in the US and Europe are still struggling with negative growth, India and China are perhaps the only two auto markets that have shown sign of quick recovery from the slowdown. Huge participation of domestic and international manufacturers is also a testimony to the emergence of India as an economic powerhouse in the global arena. <br/><br/>On the culmination of the silver jubilee edition of the auto expo, several exhibitors were honoured with silver plaques for their various contributions to the show. The show was organized by the Automotive Component Manufacturers Association, the Confederation of Indian Industry and the Society of Indian Automobile Manufacturers.<br/>