Maruti Suzuki: Indian Auto Sector Can Generate 6.5 Cr New Jobs By 2026

"Our vision is that over the next decade, the Indian automobile sector must contribute in excess of 12 percent of the country's GDP.”

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Kenichi Ayukawa, Maruti Suzuki India Managing Director and CEO said today that the Indian auto sector can increase country's GDP by 12 percent and around 6.5 crore additional jobs can be generated over the next decade.

Ayukawa said, "Our vision is that over the next decade, the Indian automobile sector must contribute in excess of 12 percent of the country's GDP. We (auto industry) want to create nearly 65 million additional jobs by 2026."

The top official also added that currently, the automobile sector contributes 7.1 percent GDP of India and around 3.2 people are employed in the industry.

In the last ten years, the total investment by the automobile industry in India has been a whopping amount of 35 billion dollars, he added.

"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," Ayukawa said.

He added, "Without robust licensing norms and enforcement, efforts of the industry in driving training falls short.

"We have been especially focused in the fields of village development, skill training, safeguarding the environment and road safety. Now the time has come when we all get together as one entity to draft and implement an 'Industry Social Responsibility Plan' so that we can have a bigger positive impact."

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Story first published: Thursday, November 17, 2016, 10:13 [IST]
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