India Becomes World’s Third-Largest Automobile Market: Nitin Gadkari
In News
- India’s Automobile Industry Ranking: Union Minister for Road Transport and Highways Nitin Gadkari announced that India has emerged as the third-largest automobile industryglobally.
- Industry Size:
- USA: ₹78 lakh crore
- China: ₹49 lakh crore
- India: ₹22 lakh crore
- Employment Impact: The sector has generated 4.5 crore jobs so far.
- Industry Size:
- Event: Addressed the Green Revolution – 2025 conference on World Biofuels Day in New Delhi.
- Green Energy Focus:
- Emphasised the role of green hydrogen in India’s future energy strategy.
- Ethanol blending has reached 15% in 2024, advancing towards the 20% target by 2025–26.
Updated: August 11, 2025, 9:49 PM — News On Air
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