Friday, August 8, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Exports

Govt facilitating the auto industry integration with the world

Fiinews by Fiinews
November 24, 2020
in Exports, Investment, Manufacturing
Reading Time: 2 mins read
A A
0
Acma
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Auto industry to work on reducing pollution

The Government aims to create core global competencies in India by facilitating the seamless integration of the automotive industry with the world, said Minister of Road Transport and Highways Nitin Gadkari.

Considering the huge potential of the sector, the Government has earmarked over Rs.51,000 crore for the auto sector under Production Linked Incentive (PLI), the highest amongst the 10 champion sectors listed for global markets.

The Government is trying to create an ecosystem to accelerate the uptake of electric vehicles in the country, he told a virtual conference 9th Edition of Auto Serve 2020 ‘Electric Mobility Conference 2020 – Seizing Opportunities in New Normal’ on 23 Nov 2020.

He has urged the auto industry to come together to work jointly towards achieving broader national agenda of reducing pollution.

The Government has taken steps to promote electric vehicles which include a reduction in GST to 5%, allowing delinking of the battery cost of 2-3 wheelers from vehicle cost as it accounts for nearly 30% of the cost etc.

The battery charging ecosystem is very important, as such the Government is planning to set up at least one electric vehicle charging kiosk at around 69,000 Petrol Pumps across the country to induce people to go for electric mobility.

“The Government is also working towards making India a global automobile manufacturing hub in the next five years. This is my dream,” he stressed.

This, he felt, is possible as the auto industry has made significant strides in terms of the development of different designs and models, robust R&D, huge market, stable government frame-work and bright & young engineering minds.

India has emerged as the largest manufacturer of two-wheelers in the world.

He also stated that there is a huge requirement for about 25 million skilled jobs in the automobile sector in near future. This very significant as this industry is going to create maximum jobs and growth, he added.

Gadkari further called upon the automobile industry to push for manufacturing flex engines which have the versatility to use petrol or ethanol/CNG as fuels. a

Citing the Brazilian and US auto sectors, he exuded confidence that the Indian industry would utilise the opportunity being thrown up by the alternative and less polluting fuels like CNG, hydrogen, electricity.

While the government is working towards making e-Highway on Delhi and Mumbai Expressway, the auto sector should look at making different variants including double-decker busses to cater to the market needs, said the Minister. #manufacturng #makeinIndia #exports #investments #technologies #OPEC #fuel /fiinews.com

Tags: Ministry of Road Transport and Highways
ShareTweetShare

Related Posts

PIB
Manufacturing

Manufacturing: Companies adopt underground mining technologies

by Fiinews
August 8, 2025
0
13

PSUs are augmenting coal-lignite production Coal companies have undertaken steps such as adoption of Mass Production Technology, embracing of Mine...

AEDEXIndia
Manufacturing

Manufacturing: Armed Forces’ proposals get AONs

by Fiinews
August 7, 2025
0
14

Services to get Remotely Piloted Aircraft (RPAs) The Defence Acquisition Council has approved on 5 Aug various proposals worth about...

Ministry of Commerce and Industry

Export: ECEHs to provide dedicated zones

August 7, 2025
15
Textile Association (3)

Manufacturing: Japanese invited to textile sector

August 7, 2025
21
ABB

Manufacturing: ABB India expands footprint 3-fold

August 6, 2025
18
Vinfast

Manufacturing: EV plant to be export hub, says CM

August 6, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: MDoNER approves 15-km road in Assam
  • Project: MoFPI releases Rs.6,411.61cr Grant-in-Aid
  • Market: Wisely.ai handles spams-scams in Indonesia
  • Market: Green Ammonia priced at Rs.55.75/kg
  • Project: 5G-6G under TTDF development

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.