Nagpur, June 1 . India has taken a big leap in the automobile sector. India has reached the third position in this sector by overtaking Japan. Union Road Transport and Highways Minister Nitin Gadkari said this on Sunday.
During a program in Nagpur, Union Minister Nitin Gadkari said that India has achieved historic progress in the automobile industry. He said that when he became the Union Minister for the first time 11 years ago, India’s automobile industry was worth Rs 7 lakh crore and was ranked seventh globally. Today this industry has become worth Rs 23 lakh crore and India has overtaken Japan to reach the third position.
Gadkari said that his department is of transport, so the automobile industry comes under his responsibility. He said, “When I became a minister 11 years ago in 2014, India’s automobile industry was worth Rs 7 lakh crore and we were at number seven. Today the size of this industry has increased to Rs 23 lakh crore, and we have overtaken Japan to reach the third position. He said that globally, the US (Rs 78 lakh crore) is at the first place in automobile industry and China (Rs 49 lakh crore) is at the second place.
