Categories: BUSINESS

Auto sector drive: Nitin Gadkari sets 5-year goal to make India no.1 globally, highlights Rs 22 lakh crore growth and logistics gains

Nitin Gadkari announced the goal to elevate India’s automobile industry to global leadership in five years. The current industry size is Rs 22 lakh crore. Logistics costs have decreased to 10% of GDP. The express industry is projected to double by 2030, creating millions of jobs. This sector contributes significantly to GST and customs revenue. Domestic express dominates the market.
Sumitra

Recent Posts

Online money gaming crackdown: Government proposes to make breaches non-bailable; warrantless searches allowed in draft rules

New draft regulations classify breaches of online money gaming protocols as non-bailable violations, extending accountability…

19 hours ago

‘Being dealt with utmost seriousness’: Revenue department to probe Wintrack’s Chennai customs ‘corruption’ claims; senior officer deputed

The Finance Ministry said on Thursday that the Department of Revenue (DoR) has been asked…

19 hours ago

Aging population : CEA Nageswaran urges long-term savings for India’s elderly; warns of demographic shift

Chief Economic Advisor V Anantha Nageswaran underscored the critical need for long-term savings to ensure…

2 days ago

US job data: Private sector sheds 32,000 jobs in September; ADP report shows slowdown despite wage growth

The US private sector unexpectedly shed 32,000 jobs in September, according to ADP, defying analysts’…

2 days ago

Donald Trump announces Pfizer price cuts for Medicaid; $70 billion US investment promised; stock jumps 5%

Pfizer agreed to lower prescription drug costs for Medicaid and invest $70 billion in US…

3 days ago