New Delhi: India overtaking Japan to become the third largest auto market in the world recently is a matter of honour. The automobile sector contributes about 7 per cent to the GDP and 35 per cent to manufacturing GDP while generating an employment of about 37 million. In terms of fuel technology, while diesel vehicles have exhibited a downward trend in production and sales, petrol-driven cars have continued to dominate. Simultaneously, CNG variants have shown an impressive surge, with hybrids and EVs recently demonstrating some degree of traction among buyers. However, at a time when there are concerted efforts underway from the global community, including the Indian government, to contain
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