Minister of Road Transport and Highways Nitin Gadkari expressed hope that India will become a hub for automobile manufacturing in the next five years.
He 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 hydrogen.
Earlier, 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 environment-friendly economy.
He 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.
Source: mint
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