Indian Automobile Industry Can Generate 6.5 Crore Jobs By 2026: Maruti Suzuki

Maruti Suzuki stated that Indian automobile industry can generate around 6.5 crore new jobs by 2026.

Written By:

A Maruti Suzuki India official stated that Indian automobile industry can contribute 12 percent to the country's GDP and can generate around 6.5 crore new jobs over the next decade.

Currently, the automobile sector is contributing 7.1 percent to India's GDP and around 3.2 crore people are employed directly and indirectly through automotive sector.

Managing Director and CEO, Maruti Suzuki India, Kenichi Ayukawa said, "Our vision is that over the next decade, the Indian automobile sector must contribute in excess of 12 per cent of the country's GDP. We (auto industry) want to create nearly 65 million additional jobs by 2026."

He stated that the total investment to the automobile industry for the past ten years in the country accounts for around 35 billion dollars.

Ayukawa said that in order to develop the automobile industry, they will have to focus on areas such as congestion, air pollution, global warming and road accidents.

He further said, "Our aim is to be among the top three global automobile markets. This will only happen if we create safe, efficient and environment-friendly vehicles. Without robust licensing norms and enforcement, efforts of the industry in driving training falls short."

He also said that Maruti Suzuki has been focusing on areas such as village development, skill training, environment protection and road safety. And now it's time to implement these plans as a single entity.

Click to compare, buy, and renew Car Insurance online

Buy InsuranceBuy Now

Read more on: #maruti suzuki #auto news
Please Wait while comments are loading...

Latest Wallpapers