Choose the correct statement(s) regarding the Indian Automobile Industry.

India was considered to be the fifth-largest auto -market in the year 2020.

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Automobile industry's contribution to the national GDP is nearly 7.1%.

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India exports automobiles to almost 40 countries.

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By 2026, Automobile sector's contribution to India's GDP is expected to decrease.

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Solution

The correct option is C India exports automobiles to almost 40 countries.
Automobile sector is called the 'Sunrise Sector' of India because of its fast-growing pace. India exports automobiles to more than 40 countries. This industry contributes almost 7.1% to the GDP of India.
India was considered to be the fifth-largest auto -market in the year 2020 and the seventh-largest producer of commercial vehicles in 2019.

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