Auto sector to create at least 1 cr jobs for youth in 5-6 years: Chandrasekhar
The automobile sector in India will create at least one crore jobs for youth over the next 5-6 years, Minister of State for Skills and Development Rajeev Chandrasekhar
Source | economictimes.indiatimes.com | PTI
The automobile sector in India will create at least one crore jobs for youth over the next 5-6 years, Minister of State for Skills and Development Rajeev Chandrasekhar said on Tuesday.
While speaking at a memorandum of understanding signing between Toyota Kirloskar Motor and Automotive Skills Development Council, the minister said 40 per cent of the sector’s research and development is done in India and with the increase in the use of electronics in automobiles, the country is expected to become the centre of gravity for the sector.
“Auto-sector in India represents a huge opportunity in the next 5-6 years. It is expected that we will create not less than 1 crore jobs for youth in another 5-6 years. It is a very fast-growing segment for our manufacturing economy,” Chandrasekhar said.
Chandrasekhar also said that it is important to signal all manufacturing companies, be it mobile phones, laptops, etc to partner with National Skill Development Corporation and give training to youth to fulfil the Prime Minister’s wish of making India a hub of skilled force for the world.