How Automobile Sector can make India $5 Trillion Economy? Case Study on Problems & Future Prospects

StudyIQ IAS
9 Aug 202118:15

Summary

TLDRThe script delves into India's automobile industry, highlighting its contribution to GDP and the growth envisioned by the Automotive Mission Plan 2016-2026. It discusses the industry's evolution, challenges, and government initiatives like the National Electric Mobility Mission Plan. The script also touches on the potential for India to become a global hub for electric vehicles, emphasizing the need for infrastructure development, technology adaptation, and skilled labor to realize the 'Make in India' dream and boost the economy.

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Auto IndustryIndiaGrowthChallengesTractorsManufacturingEconomic ImpactGovernment PoliciesFuture ProspectsElectric VehiclesMake in India