Aim to make auto industry world’s No. 1, says Gadkari

The government’s aim is to make India’s automobile industry number one in the world, Union Minister Nitin Gadkari said on Wednesday, highlighting that the industry has created 4.5 crore jobs, the highest in the country.

Addressing an event here, the road transport and highways minister further said the future of Indian industry is very good.

“The size of Indian automobile industry is now Rs 22 lakh crore...and mission for all of us is to make this industry number one in the world,” Gadkari said. Presently, size of the US automobile industry is Rs 78 lakh crore, followed by China (Rs 47 lakh crore) and India (Rs 22 lakh crore).

Gadkari further said when he took charge of the transport ministry in 2014, the size of the automobile industry was Rs 7.5 lakh crore and today its size is Rs 22 lakh crore. According to the minister, the automobile industry has created 4.5 crore jobs till now — the highest in the country.