India will emerge as third largest automobile industry: Maruti Suzuki CEO

Ayukawa has said that the success story of Maruti Suzuki is the best example for Indo-Japanese successful collaboration.

By   |  Published: 31st Oct 2017  8:09 pm
Maruti Suzuki CEO, Kenchi Ayukawa addressing the gathering at the education fair at IIT-H on Tuesday.

Sangareddy: Managing Director and Chief Executive Officer, Maruti Suzuki India, Kenchi Ayukawa has observed that India will be third largest automobile industry in the world by 2026 by recording a rapid growth over the next one decade.

Stating that India ranked 5th in the world currently, contributing 7 per cent of Indian GDP and creating 33 million jobs, Ayukawa said that Indian Automobile Industry could create 100 million jobs by 2026, besides increasing it’s share to 10 per cent in GDP.

Addressing the students, scholars and faculty at IIT-Hyderabad on the eve of IIT-H Japan Collaboration Academic Fair-2017 here on Tuesday, Ayukawa has said that the success story of Maruti Suzuki is the best example for Indo-Japanese successful collaboration.

Saying that the automobile industry is going to witness revolutionary changes in the coming next year few years, Ayukawa has said that the current generation is lucky since technology helped them to access anything in the world with the click of a mouse.

He called upon them to make most of it by utilising the technology. Talking about the India’s role in Suzuki, he has said that Baleno car developed in India is being exported to about 100 countries. Stating it could be the best example for ‘Make in India’ concept coined by Indian Prime Minister, Narendra Modi, the CEO of Maruti Suzuki has said the car made in India is driven on the roads of Tokyo.