💨 Abstract

India's automotive sector is experiencing significant growth, with annual car sales exceeding 2.5 crore, surpassing many global populations. PM Modi credits this growth to factors such as India's large young population, rising middle class, and government initiatives like "Make in India" and Production-Linked Incentive (PLI) schemes. He believes India is on track to become a global hub for automobile manufacturing, catering to both domestic and international markets.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖