Vibrant Gujarat: Union Minister Nitin Gadkari addressed a seminar at Vibrant Gujarat Summit, which is currently underway in Gujarat, and has also given suggestions to many auto manufacturers. Nitin Gadkari said the government’s mission is to make India the number one automobile manufacturing hub in the world. With this, the country’s auto sector has to become a Rs 25 lakh crore industry.
India will be No. 1
Union Minister Nitin Gadkari said, “Our aim is to make India number one. Our mission is to make India the number one automobile manufacturing hub in the world. He also reminded the audience that when he became the minister, India was ranked seventh in the world in the automobile sector.
What did the minister said?
“It is my pleasure and pride that under the leadership of PM Modi, we have achieved a very respectable feat. We have now overtaken Japan to become number three in the world. There is also a lot of potential in the auto sector in the world because its demand is not only in the domestic market but also in the international market. The current size of the industry is Rs 12.5 lakh crore.
Over 4 crore people got jobs
Union Minister Nitin Gadkari said that this is the industry whose exports are worth Rs 4 lakh crore and it has already given employment to 4 crore people.The state governments and the central government are getting the maximum revenue in the form of GST from this industry.
He further said that the sales of electric vehicles in the country have been increasing significantly in the last few years.Those who have invested in this technology are benefiting and those who have started coming now are struggling.