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Automobile Industry Contribute 12% India’s GDP Next Decade:


Union Minister Anant Geete, on the inauguration of Automobile of a test music facility, developed Industry via Global Automotive Decade Research Centre. So started the Indian vehicle industry is likely to contribute 12 in line with a cent to the state’s GDP over the next decade. Currently, the industry contributes 7.1 percent to India’s GDP. The minister, in addition, brought that the commissioning of the brand new facility is anticipated to herald more funding in automobile and automobile components.


He also believes that those centers will entice many more major games from the automotive enterprise to set up centers in Tamil Nadu. In case you were wondering, the Global Automotive Research Centre (GARC) Chennai is an agency beneath the National Automotive Testing &R &  R&D Infra Project (NATRiP).

The GARC is now notified underneath the Central Motor Vehicle Rules, 1989, to look at the homologation certificate. The centers are predicted to be used by automotive gadgets and think manufacturers for homologation and R&D Jalopnik car news and driver magazines.

Gee stated, “Indian car zone performs an essential role in the united states of America’s production area and is probably to contribute 12 in step with the cent to the USA’s GDP over the subsequent decade.” He said the authorities are likewise operating at adopting modern measures to inspire clean, safe, reasonably-priced, and futuristic mobility offerings to lead to activity creation within the studies, development, and production sector.

Other than that, the Indian government is championing using electric automobiles in the FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) scheme. Geete said the scheme could also help the government decreased dependency on oil imports my future self-orange.

According to a latest NITI Aayog, India can reduce electricity demand by 64 in keeping with the cent and carbon emissions by way of 37 in step with cent with the assist of connected, shared, and electric passenger mobility across the united states of America. The report also stated that the adoption of more electric-powered and shared cars should lead to savings of almost ₹ 3—eighty-five lakh crore ($60 billion) in strength costs by 2030.

Watch The Change In Social Media Trends Over A Decade.

In 1996, the major cornerstone of social media was led. The most exciting and sensational social networking channels evolved with time. Social media hit great strides with the launch of Facebook, Linked In, MySpace and Friendster. Although around a decade ago, some have anticipated the social trend as a fad while some proclaimed it as a new wave for the business’s 20th-anniversary ideas.

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But from the beginning to the present, in the race of acquiring a piece of a social pie, many platforms have sprung up and died quickly because they are unable to get the optimum user base. For instance, Facebook rules the social realm with active 1590 million users, and WhatsApp has garnered 7% of the market share in the shortest time.

Meanwhile, the social platform has created an important place and is deeply ingrained into people’s lives, and now, it’s constantly scoring high on gaining huge user traction. But, only a few apps have earned maximum attention, and they continue doing so from the time they have launched. There is a question. Why just a few platforms are progressing, and the rest have attained a stable state? Is the social media market has matured?

Here is the answer 20th-anniversary gift. Unfortunately, the emergence and decaying of social apps have inhibited the user from trying hands-on new apps over the years. Also, when the downloaded app stops working, there is an uncertainty of making the users count on just those on the top.

A few stats to share with me in 20 years game:

– 8 in 10 internet users globally visit/use social networks on their mobile devices.

– Around 1 in every 3 minutes spent online is devoted to social networking and messaging.

– 56 percent of the online adults use more than one of the five social platforms- Facebook, Twitter, Linked In, Instagram and Pinterest.

The impressive facts make the businesses collectively tap the social power and advanced technology for social media marketing activities to grow the business by leaps and bounds.

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