
A Niti Aayog report highlights India's improved integration into global value chains but notes a strategic mismatch in automotive exports. While India has a strong share in motorcycles and tractors, it holds only a small percentage of the high-demand passenger vehicle market. To boost its 1.4% share of the $2.2 trillion global automotive export market, the report recommends cutting tariffs, joining cross-border platforms, and shifting production towards passenger vehicles and electric vehicles.
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