India has emerged as the third-largest auto manufacturer globally, surpassing Japan. The automotive industry is growing at a rate of 9 percent with potential to reach 10 percent soon. Union Minister Nitin Gadkari aims for India to become the top auto manufacturing hub by leveraging export surplus, cost advantages, and government policies that reduce manufacturing costs through recycling materials.
EV prices to reduce to petrol, diesel car levels: Nitin Gadkari
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