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tv   Business - News  Deutsche Welle  August 17, 2023 6:45pm-7:01pm CEST

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as emerged as the hub of car making in india, it has been dick named the detroit of asia because auto giants, including bmw w, die nissan, titan, motors, and landra have a presence there. meanwhile, the country is growing. middle class is shifting to luxury vehicles from inexpensive cars, but most of the car is made in india. the in the country. last year, exported nearly 700000 vehicles. now that pales when compared to other asian countries, thailand exported more than a 1000000 cars. south career, 2300000 china, 3300000. an ages biggest auto exporter was japan, with around 4400000 units exported. joining us with more is dw corresponded charl kaji k in delhi, charo and his oldest sector has transformed fast, but it's still far behind other asian countries. why is that?
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well, a host of reasons actually uh to begin with cause it made a huge dent in the auto sector. and recovery started only in 2022. and even then some of the problems that lingered on. and now the semi conduct a chip, or there's that has been affecting auto sector the world over, has been affecting the auto sector in india as well. the supply chain of suffered massive disruptions. and what we've seen in the last year or so is that they've been long waiting periods, and especially for su, we use which sales are rising now. and, but some of the, the se, orders, they've seen the waiting time of over to your input costs have also been rising. they've been various kinds of inflationary pressures. also, the prices continue to rise throughout 2022. they're rising even now even to be low prices have gone up and their sales has gone down. so there are many factors which are actually contributing to, to the sonata you attend, but the things appear to be changing a little bit as well. um, you mentioned
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a lot of factors very so um of course of several carmakers from different parts of the world, including germany on the, in the a, on the indian market. so which ones of them are likely to help drive the growth in that market in the future? what most of them on homegrown brands model d for example, if it continues to be the king really of the sector, the big market due to it has about 40 percent markets. in fact, some people suggest is even more than 40 percent might change. things might change in the future a little bit because marty is yet to focus on electric vehicles. but apart from that, the next part is occupied by hyundai. uh and then the other home uh, grown brands like thought how motors and my head drops. most of them are also focusing on ease, so the future might see a benefit disruption in the way the auto makers are lined up in terms of market share. now you just mentioned electric vehicles there. the indian government
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approved a $7000000000.00 plan for electric buses over the next decade. now, how is the market for electric vehicles and maybe even hybrid cars if we start talking about green vehicles developing as well, the market is really electric. uh right now. uh, on the pun intended. uh, as you can see, there is a lot of, uh, shift on. uh, there's a lot of focus on public transport as well because of india's green strategy. and in terms of personal vehicles as well, a lot of people are going for electric because the market itself, it grew by more than 200 percent in 2022. according to one report that i saw in the home room brand, talk to him because it, it did talk to motors, it leads in the electric vehicles segment, the big market leader. as we discussed, the model at the is yet to focus on electric vehicles. but even modernity is making hybrids. so taking hybrids and electric vehicles together,
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people are interested in buying them. a lot of infrastructure is also being set up . for example, charging stations. even residential societies are involved building charging stations. so the future does look very bright. for roy electric vehicles. carol, thanks for joining us. and it's not just the auto sector, many areas of blooming and india, which over to of china is the world's most populous nation earlier this year. and while it faces very different challenges from its neighbor, the government wants to make india one of the world's biggest economies. india is a country of superlatives with a growing economy, but it's also facing many challenges. the country aims to have the world's 3rd largest economy by 2030. what makes india so successful? one factor is its population. more than half of the countries inhabitants are less than 30 years old. india has been fast approaching china to be the world's most
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populous country for a while now. but there are also structural problems, including serious issues with india is job market. most jobs are low, skilled, and poorly paid for academics. on the other hand, there's too little work because the field is not developed enough yet. even worse, only 20 percent of the female population has a page on the indian school system teaches to few basic skills and trained fewer academics than other industrialized nations. across indian schools, particularly in the areas to the board. i don't know just the full 5 lead people. 5 without being able to read a single line in any language, not just in english without being able to do simple calculations including addition and subtraction. india's economic growth is also reflected in the growing prosperity of many people. the middle class is expanding,
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and there are increasing numbers of rich people at the top. we have money to invest in the economy. india is also number one, globally for mobile internet use. an apple already prefers to produce smartphones in india rather than in china. if we've done the same, for example, in drinks in relating, not only the apples so that will take knology at both management style. it also ring same the wheel doing things, but india won't be able to rely on market forces along to become one of the top nations. economically. the country need strong policies that emphasize education, infrastructure, and businesses. now to some of the other global business stories making use, texas is requiring companies to include tesla technology, an electric vehicle, charging stations, the us as investing $5000000000.00 in charging. and it's charging infrastructure, but only pays dates for programs that include multiple technologies for tests. a
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lot of the state decision could help make its technology the us charging standard, german restaurants. so more business during the 1st half of the year, revenues rolls by nearly 16 percent. but despite the latest growth numbers, business is yet to reach pre pandemic levels. for junior high, it included prices and wage costs. japanese exports fell in july for the 1st time in nearly 2 and a half years for showing demand for lied, oil and ship making equipment. drag down the countries latest data. it shows a drop of 0.3 percent for the last month. depends economic weakness, underlines ongoing concerns about a global recession. the u. k is biggest defense company, b a. e systems is acquiring us space tech from bowl our space for more than 5 and a half $1000000000.00. it says the deal will help it meet growing demand for miss styles and munition. 2 weeks ago be said it's 2023 half year in net profit search
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to 57 percent amid the war in ukraine. and now to germany, where more younger indians, i'm moving, they're coming here to help build a gap and the labor market that is being left by the countries aging population. many engine graduates are taking on apprenticeships in areas that they wouldn't normally work in back in india. even though lead kuma is him, do slicing deals and every day task. he doesn't see any religious reasons, not to do this in germany. a guy in india who is always who, but there is no problem from delhi to the southern german town of violem ryan. and that lead to maurice studies computer science in his home country. not because he enjoyed that, but rather because he was looking for a stable job. however, even with his degree, there was no job guarantee in india. that's one of the 28 year old learned about
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the opportunity to do an apprenticeship in germany. the only for the future was very, very important for this stuff. they wouldn't make sense that is skilled in those lines on the cut, maria hsia g also studied in india before immigration to germany last year. in addition to working at the butcher shop, attending a vocational college as part of the training a be card for the 22 year old. the automatic dialect inside the western germany is the site the 1st 23 months. you're really tough here. everyone speaks this automatic dialect and maybe i wasn't familiar with it. i learned a different kind of german demand on the high side. so far the local chamber of skilled crafts, i'm an agency in india, a place 13 indians in german butcher shops. initially most businesses hesitated to take on apprentices from india and other stuff as well. so on the one hand,
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there's many people in india willing to move to another country to find a job. and on the other hand, businesses here in germany need work or skilled workers. we were able to find a group of german businesses which wanted to give it a try. and we also found a group of potential apprentices were willing to learn driven in india as part of that in was a master butcher. you asked him lead of a was an early supporter of the project. the 61 year old is very happy with this far and apprentices. you see all the people i see a future for them here in 34 or 5 years, we will see the 1st indian families here. they will settle down and then they won't want to go back any more. you need to look. since things are going well, other businesses are now looking for new recruits the chambers already reaching out to potential candidates either now here's something to sink your teeth into. burger king outlets in india,
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i am no longer adding tomatoes to their burdens and rob students, sewing vegetable costs prices. i've searched by as much as 450 percent as a result of a bad harvest. most soon reins disrupted the harvest season and supply chains which led to the ongoing tomato crisis. burger king's menus changed. perfect things. menu change comes after a similar move by fellow fast food chains, mcdonalds, and someplace. and that's or show for today. for more checkout. vw dot com slash business, and the dw, use youtube channel. and of course we're on facebook and me and the entire team here in berlin. it's good by and take care of the
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or what can be done in times of climate change.
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can we adapt and more importantly, can we even stop it? we look to brazil believes in south africa to ideas that hope to defy climate change. global us. 30 minutes on d. w. growing up in mongolia. oscar is 10 years old and he loves life. in the gobi desert, the she has a dream calling to leave every since the 75 minutes, dw, how many portion of lots of turn out in the world right now,
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climate change. the story. this is much less the way from just one week. how much was going to really get we still have time to act, ongoing success. subscriber for moving. it's like the want to know what's going on in roads now, someone is getting ready to jump in this. someone is strolling these words, locals on wearing the best small. this is rose, and now is the time for you to book your trip to wrote, wrote, once you love is cute. the. the
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. this is the w news live from bell in germany for pass to buy on it bombs, missile defense system. the us approved israel sale of arrow 3 into sentenced to shoot down high altitude ms files. since kevin, he thinks to build a sky field in response to russia's attack on ukraine. also in the program, survivors of a nightmare boat journey rescued of k, but a in the atlantic organ. 60 people i believe, to died on the 5 week voyage. this migrants tried to reach here at west african leaders.

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