India Emerges as World’s 3rd-Largest Automobile Market

August 13, 2025
Current Context: On August 11, 2025, Road Transport & Highways Minister Nitin Gadkari announced that India has surpassed Japan to become the third-largest automobile market globally.
India Emerges as World’s 3rd-Largest Automobile Market
  • The Indian auto industry is now valued at ₹22 lakh crore, trailing only the United States (₹78 lakh crore) and China (₹49 lakh crore).
  • It provides employment to over 4.5 crore people, making it a key pillar of India’s economic growth.
  • Gadkari highlighted the role of ethanol blending, green hydrogen, and electric mobility in driving sustainable expansion.
  • India’s push for alternative fuels and biofuel technologies has positioned it as a global leader in clean transport innovation.
  • With continued investment and rural integration, Gadkari expressed confidence that India could soon become the world’s No.1 auto market.

Question:

Q.1 As of August 11, 2025, which country has India surpassed to become the world’s third-largest automobile market?
a) Germany
b) Japan
c) South Korea
d) Brazil

Answer: b) Road Transport & Highways Minister Nitin Gadkari announced that India has overtaken Japan to claim the third position in the global automobile market ranking.

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker