<h1>India's Automotive Sector Set to Surge: Strategic Roadmap Targets 8% Global Value Chain and $145B Component Production by 2030</h1> NITI Aayog released a comprehensive report on India's automotive sector, projecting significant growth by 2030. The analysis highlights India's potential to increase global value chain share from 3% to 8%, with automotive component production targeting USD 145 billion. The report emphasizes strategic interventions across fiscal and non-fiscal domains, focusing on electric vehicles, Industry 4.0 technologies, and competitive manufacturing to enhance global competitiveness and create 2-2.5 million new employment opportunities.