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Data Shows India Will Become the Car Manufacturing Center in the World in 2016
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2011-06-03
According to the data shown by the Department of Industrial Policy and Promotion, India, the country will develop into the leading design and manufacturing center of automobile and automotive components in 2016, and the gross output value of Indian automobile industry will reach USD145 billion. When the time comes, India will become the seventh largest automobile manufacturing country in the world. The percentage of GDP in the automobile industry will increase from the current 5% to 10%.
