THE ROARING 20S 1920 1929
AMERICAN ORGANIZED CRIME OF THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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growth of suburbs
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rubber and glass was in high demand
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the railroad industry lost profits
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all of the above
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Detailed explanation-1: -The automotive manufacturing industry generated approximately 2.86 trillion U.S. dollars in revenue in 2021, a market size expected to grow in 2022.
Detailed explanation-2: -Market Size The India passenger car market was valued at US$ 32.70 billion in 2021, and it is expected to reach a value of US$ 54.84 billion by 2027, while registering a CAGR of over 9% between 2022-27. The electric vehicle (EV) market is estimated to reach Rs. 50, 000 crore (US$ 7.09 billion) in India by 2025.
Detailed explanation-3: -Indian Auto Component Industry clocks highest-ever turnover of $6.5 Bn, grows 23% in FY 2021-22. The growing presence of global automobile Original Equipment Manufacturers (OEMs) in the Indian auto components industry has significantly increased the localization of their components in the country.
Detailed explanation-4: -Currently, the automobile industry contributes 7.1% of India’s GDP and 49% of its manufacturing GDP. The EV market is expected to grow at CAGR of 49% between 2022-2030 and is expected to hit 10 Mn-unit annual sales by 2030. The EV industry will create 50 Mn direct and indirect jobs by 2030.