PREVIOUS
✖
India's Participation in Global Value Chains
April 21 , 2025
9 days
136
0
- NITI Aayog has released a report titled the ‘Automotive Industry: Powering India’s Participation in Global Value Chains’.
- The report outlines India’s Global Value Chain (GVC) potential in the automotive sector and highlights strategic pathways for global leadership.
- The Automotive Sector contributes 7.1% to India’s GDP and 49% to the manufacturing GDP.
- India's current share in globally traded auto components is approximately 3% or 20 billion.
- EVs are reshaping manufacturing priorities, with China producing over 8 million EVs in 2023.
Leave a Reply
Your Comment is awaiting moderation.