When did India globally become the 7th largest vehicle
manufacturer?
• 2007
• 2008
• 2009
• 2010
Answers
Answer:
2008
Explanation:
becauseit is 7+1
Here is ur answer with explanation......
largest vehicle producing nation in the world, six years ahead of the set target.
"When we were making the Auto Mission Plan (AMP) in 2006, we had projected India to become the seventh largest vehicle producing country in the world by 2016. We have already achieved this milestone good six years ahead of the set target," Secretary for Ministry of Heavy Industry B S Meena said in New Delhi at a FICCI function.
He said that by 2020 the country will be among the top five vehicle producers.
Currently, China is the largest vehicle producer of the world followed by the US.
The AMP had aimed at increasing the automotive sector's turnover to USD 145 billion in 2016 and providing employment to 25 million people within 10 years. The turnover in 2005-06 was USD 34 billion and was employing 13.1 million people either directly or indirectly.
According to Society of Indian Automobile Manufacturers (SIAM), the country vehicle production increased to 1,40,49,830 units in 2009-10, a jump of over 25 per cent from 11,172,275 units in the previous fiscal.
In 2005-06, the total vehicle production was 97,43,503 units.
Meena added during April-August 2009-10, the cumulative production of vehicles grew at 32.4 per cent over the year ago period.
"The passenger vehicles, commercial vehicles and two-wheeler segments have all recorded impressive growth rates of 32 per cent, 49 per cent and 31 per cent, respectively, during this period," he said.
He further said that Indian passenger vehicle market is estimated to grow to 9 million units by 2020, while the two-wheeler market is likely to reach 30 million units.