Nitin Gadkari, Union Minister of Road Transport and Highways, recently said that India will be the number one automobile manufacturing hub by 2029. Not only this, the country will also become the third largest economy in the next five years, according to Gadkari. 

He further noted that the key focal points for the Centre in this direction are building a world-class road network, the shift to alternative fuels and reduction in logistics cost. Gadkari emphasised the importance of good infrastructure, water, power, transport, and communication for the development of capital investment, industry, and agriculture.

He also stated that the auto industry will significantly contribute to the Indian economy.

“We have all products and all major players present in the country.