India will surpass Japan as the largest automakers by 2027

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India will surpass Japan as the largest automakers by 2027.

Vehicle News India is developing quickly and is prepared to rule the globe in a variety of industries, including travel and digital India. The automakers industry should join them at this moment.

Nitin Gadkari, the Union Minister for Road Transport and Highways, said that by 2027, India will overtake China as the top car manufacturer in the world. He made this prediction while addressing the 27th World Road Congress in Prague. After China and the United States, India surpassed Japan to take third place in the global market for automakers last year.

Indian Automakers Industry is Booming:

According to the Union Minister, the Indian vehicle industry has grown tremendously since it was only worth Rs 4.5 lakh crore nine years ago and is now worth Rs 12.5 lakh crore. With 4.5 billion people working in it, the Indian automakers industry is now valued over 7.5 lakh crore rupees. It contributes the most Goods and Services Tax (GST) to the Central and State Governments. According to the minister, the Indian automakers market will double in size over the next five years to reach Rs 15 lakh crore.

automakers
The minister predicted that within the next five years, the size of the Indian vehicle industry would treble, reaching Rs 15 lakh crore. Gadkari’s test drive in a Skoda H’CITY hydrogen bus during his visit to Prague, Czech Republic, demonstrated the government’s dedication to investigating sustainable and environmentally friendly transportation options for India. He stopped at Sharjah on the way back for a test ride on the Sky Bus, which utilizes an elevated rail cable system.

The Sly Bus will be arriving in India, according to the minister, since it offers a sustainable, congested-free urban mobility option that lowers pollution and traffic congestion while offering effective mobility for urban inhabitants. It is a valuable addition to the nation’s transportation infrastructure because of its elevated rail cable system, which minimizes land utilization. In order to offer these mobility services to India, iSky Mobility and uSky have partnered to develop Sky Bus solutions, the minister said on “X.

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