of Road Transport and Highways Nitin Gadkari expressed hope that India will
become a hub for automobile manufacturing in the next five years.
said that, almost all reputed automobile brands are present in India and the
government is working on technologies involving ethanol, methanol, bio-diesel,
Compressed Natural Gas (CNG), Liquefied natural gas (LNG), electric and green
in August, Prime Minister Narendra Modi launched the national vehicle scrappage
policy, saying that it will help phase out unfit and polluting vehicles and
also promote a circular economy and the policy will give a new identity to
India's mobility and auto sector. Modi said in a video addressing the Investor Summit, that, they are promoting a
circular economy and the aim is to develop a sustainable and
added that the policy will play a major role in removing unfit vehicles from
the roads in a scientific manner. It will modernise the vehicular population on
the city roads and that India should work for clean, congestion-free and
convenient mobility in the 21st century.