Where do other countries of the world stand in the global automobile industry?

1. America: It is in the second position with 11.3% share.

2. Japan: It is in the third position with 9.6% share.

3. Germany: With just 4.8% share, Germany, which was once the leader in the automobile sector, is now lagging behind.

4. Britain: With just 1.9% share, the situation is quite weak.

Future direction

India needs a long-term strategy to increase its production capacity, improve quality and gain leadership in the EV industry. If India maintains a balance between domestic and global demand, it can become a major player in the automobile sector in the coming years.