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New Delhi: Union Road Transport Minister Nitin Gadkari has said that India is poised to become the world's largest automobile manufacturer by 2027, overtaking China. India aims to become the world's largest automobile producer in the next three to four years, Union Minister Nitin Gadkari said in his address at the 27th World Road Congress in Prague.
This statement comes in the backdrop of India overtaking Japan last year to become the third largest automobile manufacturer after China and the US. Nitin Gadkari had recently said that the size of the Indian automobile industry has crossed Rs 7.5 lakh crore. . The industry has created 4.5 crore jobs so far. It pays the maximum Goods and Services Tax (GST) to the Central and State Governments.
The minister said he expects the Indian automobile sector to double in size to Rs 15 lakh crore in the next five years. Nitin Gadkari took a test ride in the Skoda H'City hydrogen bus during his visit to Prague in Czech Republic. Gadkari stopped in Sharjah for a test ride of the Sky Bus, which runs on the elevated rail cable system.
The minister said the Sly Bus will come to India as it provides a sustainable, congestion-free urban mobility solution that reduces pollution and traffic congestion by providing efficient mobility for urban residents. Its elevated rail cable system reduces land usage, making it a value addition to the country's mobility infrastructure.
The Minister wrote on 'X', YouSky Technology has developed the Sky Bus solution. iSky Mobility has tied up with uSky to bring these services to India.