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29Oct 2026

India’s Automobile Industry Rises to Third Globally

INDIA’S AUTOMOBILE INDUSTRY RISES TO THIRD GLOBALLY WHY IN THE NEWS ? Global Ranking: Union Minister Nitin Gadkari stated that India’s automobile industry has become the world’s third-largest, overtaking Japan, with a valuation of approximately ₹22 lakh crore. Future Prospects: The Minister expressed confidence that India could become the world’s largest automobile industry within the …

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