📰 News ⏱ 2 min

India Pushes Its Car Industry to Grow Worldwide

The commerce minister urged Indian automobile manufacturers to deepen localisation, invest in technology and research, and expand exports.

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Key Points

5 points

Deepen localisation of components and vehicles.

Invest in research, artificial intelligence, and sustainable technologies.

Leverage trade agreements with the European Union and the United Kingdom.

Aim to double automotive exports biennially.

Develop domestic supply of critical minerals for electric vehicles.

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He highlighted the role of artificial intelligence, sustainable mobility, and critical mineral support in boosting competitiveness.

India aims to double automotive exports every two years and reach a $1 trillion trade target by 2027.

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7 words

localisation

producing parts and vehicles within the country rather than importing them

export

selling goods that are made in one country to customers in other countries

artificial intelligence

technology that allows computers to learn and perform tasks like a human brain

sustainable mobility

transport that is friendly to the environment and can be maintained over time

critical minerals

important natural resources needed for making batteries and other high‑tech parts

trade agreements

formal arrangements between nations that set rules for buying and selling goods

biennially

once every two years

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