Union Minister for Road Transport and Highways, Nitin Gadkari, on Thursday reiterated the government’s ambitious target of achieving a USD 5 trillion economy by 2027, under the leadership of Prime Minister Narendra Modi, while outlining a vision to transform India into a developed nation by 2047. Speaking at the 120th Annual Session of the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi, Gadkari emphasized the importance of ethics, economy, and ecology as the three pillars guiding India’s development.

Highlighting the automobile sector’s growth, Gadkari noted that India’s auto industry, valued at ₹14 lakh crore in 2014 when the current government assumed office, has now surged to ₹22 lakh crore, overtaking Japan to become the world’s third-largest automobile market. He expresse

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