India Can Create 2.5 Million Direct Jobs by Tripling Automotive Exports to USD 60 Billion and Generating USD 25 Billion Trade Surplus by 2030: Government
India can create 2.5 million direct jobs by tripling automotive exports to USD 60 billion and generating a USD 25 billion trade surplus by 2030, the government said.
New Delhi, April 15: With the right enabling conditions for the automotive sector, India can triple exports to $60 billion, generate a $25 billion trade surplus, and create over 2-2.5 million direct jobs by 2030, propelling it toward becoming a globally competitive, innovation-driven manufacturing hub, the government said on Tuesday.
India슬롯사이트s automotive industry is a cornerstone of the nation슬롯사이트s manufacturing and economic growth, contributing 7.1 per cent to the country슬롯사이트s Gross Domestic Product (GDP) and 49 per cent to manufacturing GDP. As the fourth-largest automobile producer globally, India possesses the scale and strategic depth to emerge as a global leader in the automotive value chain, according to a NITI Aayog report.슬롯 머신 사이트 추천Google Layoffs Coming to India: Tech Giant To Lay Off Advertising, Marketing and Sales Team From Bengaluru and Hyderabad Offices as Part of Global Restructuring, Say Reports.
India has seen exponential growth in vehicle production, with over 28 million units manufactured in 2023슬롯사이트�24 alone. India's current share in globally traded auto components is approximately 3 per cent or 20 billion. EVs are reshaping manufacturing priorities, with China producing over 8 million EVs in 2023. The EU and the US are accelerating EV adoption through regulatory mandates and subsidies. EVs are increasing the demand for batteries, semiconductors, and advanced materials.
According to the report, integration of AI, robotics, digital twins, Internet of Things (IoT), and 3D printing is driving efficiency. Many global automakers are investing heavily in creating smart factories, where AI, IoT, and robotics are integrated into every aspect of the production process. Countries like Germany and South Korea are leading in smart factory adoption, said the report. Despite a strong manufacturing base, India holds only 3 per cent share in global traded auto components, highlighting a vast scope for expansion.슬롯 머신 사이트 추천Tech Layoffs 2025: Over 23,000 Employees Lose Jobs As Google, Microsoft, Meta, HP and Others Slash Workforce Amid Restructuring and Cost-Cutting Moves.
슬롯사이트The Vision 2030 roadmap aims to scale production to $145 billion, exports to $60 billion, and generate 2슬롯사이트�2.5 million jobs. Government schemes like FAME, PM E-Drive, and PLI have mobilised more than Rs 66,000+ crore to support EVs and localisation. With targeted reforms and GVC integration, India can raise its global component trade share from 3 per cent to 8 per cent by 2030,슬롯사이트� said the report. With the right mix of ambition and action, India can become a globally recognised supplier of next-generation mobility solutions.
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