The is it is supple is having tea more peaceful than ever on the move world wide. And such are based on life for the types of in cardboard backs on the left side of the image and find out about baby story info. My grand the, the Auto Industry and the welds 3rd biggest calling market. India is booming despite many challenges and recent years well look at whats next for the sector without correspondence in delhi and indian graduates to moving to germany as of new york and country tries to your junk of migrants to help fill its labor shortage. Welcome to the show chip on it and bellow in the the is the worlds largest, 3rd largest commack. It more than 5000000. 00 vehicles were made in the country last year. And the city of 10 i has emerged as the have of call making in india. It has been nicknamed the detroit of asia because auto giants, including b, m, w, soon died. Nissan had them waters and my hand dry have a presence there. Meanwhile, the country is growing middle class as shifting to luxury vehicles from inexpensive cars. But most of the cars made an india stay in the country. Last year, it exported nearly 700000 vehicles. That pales when compared to other agent countries. Thailand exported more than a 1000000 cars. South career, 2300000. China, 3300000 at asians biggest, although ex border was japan with around 4400000 units exported. Joining us with more is dw corresponded charo. Katya k in daily charl into the oldest sector has transformed fast, but its still far behind other asian countries. Why is that . As well . A host of reasons actually uh to begin with uh, cause it made a huge dent in the auto sector. And recovery started only in 2022 and even then some of the problems still lingered on. And now the semi conduct a chip charters that has been affecting auto sector, the world over has been affecting the auto sector in india as well. The supply chain of suffered must have disruptions. And what weve seen in the last year or so is that theyve been long waiting periods and especially for su, we use which sales are rising now and, but some of the, the us will be orders. Theyve seen the waiting time of over to your input costs. Have also been rising. Theyve been various kinds of inflationary pressures. Also, the prices continue to rise throughout 2022. Theyre rising even now even to be the prices have gone up and their sales has gone down. So there are many factors which are actually contributing to, to this scenario attend, but yeah, things appear to be changing a little bit. Well, um you mentioned a lot of factors very so of course of several carmakers from different parts of the world, including germany on the, in a, on the indian market. So which ones of them are likely to help drive the growth in that market in the future with most of them on homebound brands model d, for example, if it continues to be the king really off the sector, the big market due to it has about 40 percent market share, in fact some people suggest is even more than 40 percent. Might change. Things might change in the future a little bit because marketing is yet to focus on electric vehicles. But apart from that, the next part is occupied by hyundai. Uh and then there are other home grown brands like thought how motors and my head drops. Most of them are also focusing on ease. So the future might see a bit of a 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 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 before you Start Talking about green vehicles developing . Well, the market is really electric right now. Uh, on the pun intended. Uh, as you can see, there is a lot of, uh, shift on. Uh, theres a lot of focus on public transport as well because of indias 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 a one report that i saw on the home room van talked on because it, it did talk to motors, it leads in the electric vehicles. Equity is making hybrids. So taking hybrids and electric vehicles together, people are interested in buying them. A lot of infrastructure is also being set up, for example, of charging stations, even residential societies. Ill building charging stations. So the future does look very bright for really electric vehicles. Carol, thanks for joining us. And its not just the auto sector, many areas of blooming and india, which over to of china is the worlds 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 worlds biggest economies. India is a country of super low tips with a growing economy, but its also facing many challenges. The country aims to have the worlds 3rd largest economy by 2030. What makes india so successful . One factor is its population. More than half of the countrys inhabitants are less than 30 years old. India has been fast approaching china to be the worlds most populous country for a while now. But there are also structural problems, including serious issues with india is the job market. Most jobs are low, skilled, and poorly paid for academics. On the other hand, theres too little work because the field is not developed enough yet. Even worse, only 20 percent of the female population, because the page on the Indian School system teaches to few basic skills and trains fewer academics than other industrialized nations across Indian Schools. Particularly as it is to the board, i dont 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. Indias Economic Growth is also reflected in the growing prosperity of many people. The middle class is expanding, 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 weve done the same, for example, in drinks in relating, not only the apples, an apple technology, apples management style, it also ring same the wheeling thing. But the india wont be able to rely on Market Forces along to become one of the top nations, economically the country need strong policies that emphasize that 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 its charging infrastructure, but only pays dates for programs that include multiple technologies for test law, 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, choose your highest and greeted prices and wage costs. Japanese exports fell in july for the 1st time in nearly 2 and a half years for sharing demand for light boil 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 on the lines, ongoing concerns about the 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 be mission. 2 weeks ago. Be said its 2023 half year in net profit search to 57 percent a mid the war in ukraine to now to germany where more younger indians, im moving, theyre coming here to help build a gap in the labor market that is being left by the countries aging population, many engine graduates are taking on apprenticeships in areas that they wouldnt normally work in back in india. Even though lead to mars him, do slicing deals and every day task. He doesnt see any religious reasons, not to do this in germany. In india, who was always holding, but there is no problem from delhi to the southern german town of violem right now. Lead to more 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. Thats when the 28 year old learned about the opportunity to do an apprenticeship in germany. The only for the future was very, very important for the stuff that would make sense that is skilled in those months. On a cut, maria hsia g also studied an 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 not the 1st 23 months. Youre really tough here. Everyone speaks this all demonic dialect, and maybe i wasnt familiar with it. I learned a different kind of german demand on the highs up so far, the local chamber of skilled crafts. Im an agency in india, a place 13 indians in german butcher shops. Initially most businesses hesitated to take on apprentices from india that is best thats local. So on the one hand, theres 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 who are willing to learn german in india is probably that, that in with master butcher. You asked him later was an early supporter of the project. The 61 year old is very happy with his father and apprentices. You see all the to whom 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 wont 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 heres something to sink your teeth into. Burger king outlets in india, im no longer adding tomatoes to their burdens and rob students, sewing vegetable costs prices. Ive 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 kings menus changed. Perfect things. Menu change comes after a similar move by fellow fast food chains, mcdonalds, and someplace. And thats or show for today for more checkout dw dot com slash business, and the dw, use youtube channel. And of course were on facebook and me and the entire team here in berlin. Its combined and take care of the p. Last. Everything in a mirror to hours benedict put talk, snakes house was completely destroyed by the disasters flooding in slovenia relief workers. And neighbors help as much as they can. Everyone here is searching for a beautiful at mid mountains of my own europe. Dw, the committed cooling is great for investing the invest. These are the everyone here just wants to get into big old, quite a bit. Coins, digital gold. And we wanted to stay here in central and south america. Theyre known as big green arrows, digital gold, diggers. Investors from all over on moving to latin america in search of bitcoin treasure. Nowhere is the crypto currency found more highly than here. But for many, the frenzy ends in ruin. We were promised high speed rails, but so far there is no sign of the coin in latin. America starts august 18th on dw, the hello, and welcome to focus on your up. Its wonderful to have you with that. But rather in europe is becoming increasingly extreme. This some of you, but most heat waves, droughts on forest fires and some reasons why others and build heavy rains and slots. The bulk of the country of silvia is dropping with the consequences of the worst not