Nitin Gadkari on Tesla India Entry – ’22 lakh crore auto industry in India …’, What Nitin Gadkari said on Tesla’s India Entry – What does elon musk tesla entry mean for meaning for Indian automotive industry nitin gadkari anks

Union Road Transport and Highways Minister Nitin Gadkari said on Saturday that the Indian automobile industry will grow manifold in the coming years. Speaking in the Business Today Mindarsh ​​2025 Forum, Gadkari said that in the next few years, the Indian automotive industry will be second in the world. Apart from this, the Union Minister also spoke in detail on the entry of Elon Musk -owned electric car company Tesla in India.

On the question of Tesla’s India Entry and the impact on the Indian auto industry, Nitin Gadkari said, “Today our motor vehicle industry size is Rs 22 lakh crore, which was only Rs 14 lakh crore in 2014. We are currently in third place after America (Rs 78 lakh crore) and China (Rs 49 lakh crore). We are going to export electric vehicles across the world soon.”

Gadkari, who has been handling the Ministry of Road Transport Since 2014, also said that, “Indian car manufacturers are manufacturing vehicles in the country itself and the quality of their products is continuously improving. The minister said,” Cars around the world are being tested in India under our India NCAP program. “Let us know that, India New Car Assessment Program (BNCAP) does the safety testing of the vehicle on the basis of which the vehicle is given on the basis of which the vehicle is given on the basis It was a safety rating by a crash test by the global agency to be sold in India earlier.

Export of vehicles will increase …

Talking about India’s estimated automobile exports, Gadkari said, “Not only electric vehicles, but we will soon export two-wheelers, three-wheelers and even buses. In the next 5 years, India will become the second largest vehicle manufacturer in the world with the help of new technical and hydrogen-based fuel etc., then it will not be very difficult to reach the top position.”

Asked about increasing tax on electric vehicles (EV) by some Indian states, Gadkari said, “State governments have every right to impose tax as per their will. But, the Government of India has reduced the GST levied on petrol and diesel cars from 48 percent to only 5 percent. But, the central and various state governments are promoting the use of electric vehicles, and they are trying to fulfill it. Are.”

EV prices will decrease in 6 months …

Let me tell you that in a program a few days ago, Nitin Gadkari said that, within 6 months the cost of electric vehicles will be equal to the cost of petrol vehicles. He said that “the focus of government policies is on import options, cost effectiveness and pollution -free and indigenous production. To make India the third largest economy, the country needs to improve its infrastructure sector.”