Chennai, May 18 (IANS) The central government on Thursday said the Indian automobile sector is likely to contribute 12 per cent to the country's GDP (gross domestic product) over the next decade.
This was stated by Union Heavy Industries and Public Enterprises Minister Anant G. Geete, who inaugurated the test track facility develop by global automotive research centre (GARC) at Oragadam, Chennai.
According to Ministry of Heavy Industries and Public Enterprises, at present, the Indian auto industry is contributing 7.1 percent (approximately) to the country's total GDP.
GARC, Chennai, is a body working under the NATRiP (National Automotive Testing and R&D Infra Project).
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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