• Statement I: According to the Economic Survey of 2022-23, India has become the second-largest mobile phone manufacturer globally.
• Statement II: The Survey mentions a substantial increase in Foreign Direct Investment (FDI) in the pharmaceutical industry, with flows rising nearly four times.
• Statement III: While India has seen significant growth in the automobile sector, it did not officially become the second-largest automobile market globally in December 2022, based on the Economic Survey's data.
Study Notes
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