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Automobile Industry Likely To Contribute 12 Per Cent To India’s GDP In Next Decade: Anant Geete

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Automobile Industry Likely To Contribute 12 Per Cent To India’s GDP In Next Decade: Anant Geete


Union Minister Anant Geete, on the inauguration Automobile of a test music facility developed Industry via Global Automotive Decade Research Centre, stated the Indian vehicle industry is likely to contribute 12 in line with a cent to the state’s GDP over the next decade. Currently, the industry contributes 7.1 percent to India’s GDP. The minister, in addition, brought that the commissioning of the brand new facility is anticipated to herald more funding in automobile and automobile components. He also believes that those centers will entice many more major games from the automotive enterprise to set up centers in Tamil Nadu. In case you were wondering, the Global Automotive Research Centre (GARC) Chennai is an agency beneath the National Automotive Testing & R & R&D Infra Project (NATRiP).

The GARC is now notified underneath the Central Motor Vehicle Rules, 1989, to issue a look at the certificate for homologation. The centers are predicted to be used by automotive gadgets and think manufacturers for homologation and R&D. Gee stated, “Indian car zone performs an essential role in the united states of America’s production area and is probable to contribute 12 in step with the cent to the USA’s GDP over the subsequent decade.” He said the authorities are likewise operating at adopting modern measures to inspire clean, safe, reasonably-priced, and futuristic mobility offerings to lead to activity creation within the studies, development, and production sector.

Other than that, the Indian government is championing using electric automobiles in the FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) scheme. Geete said the scheme could also help the government decreased dependency on oil imports. According to a latest NITI Aayog, India can reduce electricity demand by 64 in keeping with the cent and carbon emissions by way of 37 in step with cent with the assist of connected, shared, and electric passenger mobility across the United States of America. The report also stated that the adoption of more electric-powered and shared cars should lead to savings of almost ₹ 3.85 lakh crore ($60 billion) in strength costs by 2030.

In 1996, the major cornerstone of social media was led. The most exciting and sensational social networking channels evolved with time. Social media hit great strides with the launch of Facebook, Linked In, MySpace and Friendster. Although around a decade ago, some have anticipated the social trend as a fad while others proclaimed it a new wave for the businesses.

But from the beginning to the present, in the race of acquiring a piece of a social pie, many platforms have sprung up and died quickly because they are unable to get the optimum user base. For instance, Facebook rules the social realm with active 1590 million users, and WhatsApp has garnered 7% of the market share in the shortest time. Meanwhile, the social platform has created an important place and is deeply ingrained into people’s lives, and now, it’s constantly scoring high on gaining huge user traction.


But, only a few apps have earned maximum attention, and they continue doing so from the time they have launched. There is a question. Why just a few platforms are progressing, and the rest have attained a stable state? Is the social media market has matured? Here is the answer. The emergence and decaying of the number of social apps have inhibited the user from trying the hands-on new apps over the years. Also, there is an uncertainty of when the downloaded app stops working, making the users count on just those on the top.

A few stats to share:

– 8 in 10 internet users globally visit/use social networks on their mobile devices.

– Around 1 in every 3 minutes spent online is devoted to social networking and messaging.

– 56 percent of the online adults use more than one of the five social platforms- Facebook, Twitter, Linked In, Instagram and Pinterest.

The impressive facts make the businesses collectively tap the social power and advanced technology for social media marketing activities to grow the business by leaps and bounds.

Let’s see where the businesses are heading towards in the social world:

– The rise of the mobile era

The unprecedented growth of mobile computing has entirely changed the way people access social platforms and communicate. It comes as no surprise that with improved mobile usage, social media users have also been observed. For example, Instagram has received 20 billion images from the time the mobile app is developed. The businesses are also tapping into the environment to enhance brand awareness, the services they offer, and allure the mobile social users interested in their services.

– The real-time interactions

Getting information about what has had happened in the world through the newspaper has become a thing of the past. Now, people believe in receiving the information at the moment it happens. The SMM is playing a vital role in disseminating the info.

Social media users find it easy to share the video on mobile that makes any news go viral in seconds. Businesses are monetizing at high leveraging the power of live streaming and video features that the leading social apps offering.

– AR and VR- the emerging technologies

The social platforms have understood that integrating the emerging technology is the way to keep exciting and enthralling the existing users and catch more eyeballs.

The deal that Facebook sealed in 2014 with Oculus VR Company and the implementation of Augmented reality by Yelp are great examples.

Both the technologies are really turning out to be a blockbuster in the social space with the creation of an immersive audio-visual experience.

– Placing a bid over wearable technology

To let the users interact and experience social media in a completely new form, the social channels are taking a step further towards hands-free technology with the emergence of wearable technology. The advent of new interfaces like- Smart glass, Smartwatch, Smart TV, and a lot more to come in the future will stay at the top of the social trends.

Wrapping it up

The presence of the social channels is quite exciting, and it appears as if after embracing cutting-edge technology, all the sci will turn into reality. But, the timeline cannot be set as the experimentation with the technology may bring positive results or fail.

The growth stats of the businesses that are making the utmost use of the society for social media marketing by hiring SMO services are exemplary. Also, the radical growth and the revolutionization of the social platforms in the next few years are guaranteed. What’s your take? Are you ready to transition business marketing from traditional platforms to dynamic social platforms? If so, you will be getting the traction of 7 out of the 10 users. So, get set and go.

In the last few years, healthcare has joined other industries in the quest to deliver a better customer experience. This has brought about a fundamental change in the healthcare industry, and they have now shifted from volume to the value of care of patients. In addition, the evolution in the cloud, data, and mobile technologies has disrupted the health care industry.

The disruption has forced insurance companies and healthcare providers to move from a health system-driven model to a customer-oriented model. The behavioral needs of modern customers have also changed, and they now demand both control and choice.

Digital transformation is revolutionizing healthcare. It has helped connect and apply data, communication, and technology to engage and redefine customer experiences. Unfortunately, most people have a misconception that digital transformation is about the automatautomatingesses and technology, but it is much bigger.

Digital transformation requires you to rethink all your business processes. It is all about using data and digital technology by putting the customer’s needs at the center of the business. If you want to succeed in the transformation, you need to look at the company’s entire ecosystem and determine ways to drive more value to the customer.

Calvin M. Barker

Typical tv scholar. Problem solver. Writer. Extreme bacon fan. Twitter maven. Music evangelist. Spent a year consulting about salsa in Fort Lauderdale, FL. Spoke at an international conference about lecturing about junk food in New York, NY. Earned praise for promoting robotic shrimp in Phoenix, AZ. Spent 2002-2007 working on catfish in Naples, FL. Spent several months developing yogurt in Orlando, FL. Spent high school summers managing dandruff in Africa.