India Can Become World’s Top Automobile Manufacturing Hub: Gadkari Urges Indo-US Joint Ventures

Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday called upon Indian companies to partner with American firms through joint ventures to access advanced technologies and strengthen India’s position in the global automobile sector.

Speaking at the Annual Leadership Summit organised by the American Chamber of Commerce in India in New Delhi, Gadkari said India is rapidly emerging as one of the world’s strongest economies and has the potential to become the leading automobile manufacturing nation in the future.

He stressed that collaboration with US companies would help Indian industries adopt innovative technologies and modern manufacturing practices. According to the minister, American firms are developing several advanced technologies that can significantly benefit Indian businesses through strategic partnerships.

“India is the fastest-growing major economy, and technology partnerships with US companies can accelerate industrial growth in the country,” Gadkari said while addressing business leaders at the summit.

The minister also revealed that the government is considering the involvement of American consultancy firms in preparing detailed project reports for large-scale road and highway infrastructure projects across India.

Highlighting the progress made in the transport sector, Gadkari noted that India’s logistics costs have reduced to single digits due to the rapid development of expressways, highways, and economic corridors. He said improved connectivity and better infrastructure are helping industries reduce transportation expenses and improve efficiency.

Sharing global automobile industry figures, the minister stated that the US automobile industry is currently valued at around Rs 78 lakh crore, while China’s stands at Rs 47 lakh crore and India’s at Rs 22 lakh crore. However, he expressed confidence that India can narrow this gap through technological advancement, infrastructure growth, and international collaborations.

Gadkari added that India’s expanding economy, strong domestic demand, and supportive government policies are creating a favourable environment for the automobile and infrastructure sectors to grow at a faster pace.