00:00You can imagine how much demand such a large youth group will create.
00:13Another big customer of yours is the middle class of India.
00:19In the past 10 years, 25 crore Indians have come out of poverty.
00:27This new middle class is taking its first step.
00:33As it progresses, it will also upgrade its vehicle.
00:40And the benefit of this is certain to be achieved by the auto sector.
00:47Friends, one of the reasons for not buying cars in India
00:54was the lack of good roads and wide roads.
01:00Now this situation is also changing.
01:03Ease of travel is a big priority for India today.
01:09In the last year's budget, more than 11 lakh crores were allocated for the construction of infrastructure.
01:20Today, there is a multi-lane highway, expressway network in India.
01:29PM Gatishakti's National Master Plan is increasing multimodal connectivity.
01:39This is reducing logistic costs.
01:44Because of National Logistic Policy, India is going to be the most competitive country in the world in terms of logistic costs.
01:56Because of all these efforts, many new doors are opening up for the auto industry.
02:07This is also a big reason for increasing demand for cars in India.
02:15Friends, along with good infrastructure, new technology is also being integrated.
02:27Driving experience has become much easier in India through FastTrack.
02:34Through National Common Mobility Card, seamless travel is gaining strength in India.
02:42Now we are moving towards smart mobility.
02:47India is also working fast in the direction of connected vehicles and autonomous driving.
02:56Friends, the strength of Make-in-India is also playing a big role in the development of the auto industry in India.
03:08Make-in-India scheme has received new momentum from the PLI scheme.
03:16PLI scheme has helped in the sale of more than 2.25 lakh crores.
03:23With this scheme, more than 1.5 lakh jobs have been created in this sector.
03:33You know, you create jobs in your own sector.
03:41This has a multiplier effect in other sectors as well.
03:48In large numbers, auto parts make up the MSME sector.
03:54When the auto sector grows, then MSMEs, logistics, tour and transport, new jobs start increasing in all these sectors.