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India to become 3rd largest auto market
India to become 3rd largest auto mkt.India\'s automotive industry is expected to reach 7 million vehicles milestone by 2020, making the country the third-largest auto manufacturer in the world, behind the US and China, a top official at Ford Motor has said.
Ford says the auto industry is to cross 7 mn vehicle milestone by 2020
Coimbatore (PTI): India's automotive industry is expected to reach 7 million vehicles milestone by 2020, making the country the third-largest auto manufacturer in the world, behind the US and China, a top official at Ford Motor has said.
The automotive sector has a direct bearing on the economy with a near 7 per cent contribution to the GDP, playing an important role in the development of other crucial sectors as well, David Dubensky, President and Managing Director, Ford Motor Private Ltd, said.
Addressing the students at the graduation function of the Kumaraguru College of Technology, Dubensky said India is one of the largest automobile manufacturers in the world and as the country moves towards this milestone, the opportunities to build a career in the automotive sector are tremendous.
He said by working together as one global team over the last 110 years, Ford been able to fully leverage the resources around the world. "We are building great products, creating strong business, and contributing to a better world", he added.
Advising students to be open, flexible and willing to learn, even if the lesson is a hard one, Dubensky said, "Bring people together, and work together, for something bigger than yourself."
