Indian auto industry targets to create 6.5 crore jobs in next ten years
Advertisement
The Indian automobile sector aims to contribute over 12 percent to the gross domestic product of the country, and create nearly 6.5 crore additional jobs by 2026 over the next decade, said Kenichi Ayukawa, Managing Director and Chief Executive Officer of Maruti Suzuki India, on Wednesday.
"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 want to create nearly 65 million additional jobs by 2026," Ayukawa said.
According to Ayukawa, at present the automobile industry contributes around 7.1 percent to the GDP of India and employees nearly 32 million people directly or indirectly.
In the last ten years, the automobile industry has invested around $35 billion.
"Our responsibility towards the communities where we are operating also increases. It's our duty to develop a sustainable, mutually beneficial and inclusive socio-economic ecosystem," he said at theSociety of Indian Automobile Manufacturer 's (SIAM) first ever CSR (corporate social responsibility) conclave.
"Over the past 10 years, the Indian automobile industry has made significant contribution to the socio-economic development of village communities. Fortunately, our efforts are well aligned with the Government's flagship missions of Clean India and Skill India."
Ayukawa said by 2026, the automobile industry not only seeks to increase mobility, but will also focus on promoting safe, comfortable and environment friendly mobility.
"Our responsibility also entails minimising the negative impacts of use automobiles. We have to address issues like congestion, air pollution, global warming and road accidents," said Ayukawa.
(image: IndiaTimes)
Advertisement
"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 want to create nearly 65 million additional jobs by 2026," Ayukawa said.
According to Ayukawa, at present the automobile industry contributes around 7.1 percent to the GDP of India and employees nearly 32 million people directly or indirectly.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
"Our responsibility towards the communities where we are operating also increases. It's our duty to develop a sustainable, mutually beneficial and inclusive socio-economic ecosystem," he said at the
Advertisement
Ayukawa said by 2026, the automobile industry not only seeks to increase mobility, but will also focus on promoting safe, comfortable and environment friendly mobility.
"Our responsibility also entails minimising the negative impacts of use automobiles. We have to address issues like congestion, air pollution, global warming and road accidents," said Ayukawa.
(image: IndiaTimes)
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas