Touting India’s huge potential in taking the lead in electric mobility, road transport and highways minister Nitin Gadkari on Tuesday said the adoption of electric vehicles would help reduce the government’s import bill substantially which in turn will help create “crores of jobs” in the country.
“One of the biggest challenges for us is imports. Our import bill for crude oil alone is Rs 7 lakh crore,” Gadkari said in a video message for the News18 Tech and Auto Awards, adding that if the switch from petrol and diesel vehicles can save Rs 2 lakh crore in import costs, that money would create employment.
The ruling BJP under Prime Minister Narendra Modi, who was re-elected in May with a strong mandate, is adamant that the future of India’s auto industry is electric, and it is steadily sweetening incentives to produce and buy electric vehicles.
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Gadkari said he is “100 per cent confident” that the auto industry can make India a manufacturing hub of electric mobility and asserted that all favourable conditions are present for manufacturing of EVs in India.
Source: News 18
