ANI
21 Sep 2022, 22:07 GMT+10
New Delhi [India], September 21 (ANI) Emphasising on the need to adapt to new technology and innovations, Minister of Road Transport and Highways Nitin Gadkari suggested on Wednesday that a time was coming when tickets issued to passengers should be phased out and mobile phones used in their place.
"We need to accept the new technology of electric vehicles and that we should try to end the use of tickets and instead use mobiles for tickets," Gadkari said. He was speaking at Catalyst 2022, StratNewsGlobal's first annual event here.
In his speech, Gadkari also emphasised that lithium battery production in the country should be encouraged. He said the cost of production of these batteries was not an issue as it would come down once manufacturers scaled up the production level.
"The cost of production of lithium batteries can be reduced if the manufacturer increases the volume of outputs," said the minister.
On luxury buses, he said that the buses that link big cities like Delhi and Mumbai can be electric and double-deckers. He said that the government through Convergence Energy Services Ltd (CESL) had put out a Rs 5,550-crore tender to procure 5,580 electric buses and this includes 130 double-deckers.
"The automobile industry is one of the important sectors in our country." The minister said that Prime Minister Narendra Modi has a dream to make India a $5-trillion economy and make the country self-dependent or Atmanirbhar Bharat.
"It is our responsibility to how we reduce the imports and increase our exports," he added.
For that reason, we need to plan new appropriate policies for the future and this is how the automobile sector is a very important sector for the economy, the minister said.
Gadkari said the automobile is giving new economic growth to the country. "That is why we need to have a long-term visionary policy. Our mission in the ministry is to make the automobile segment a Rs 15-trillion sector in five years. The ancillary industry is also well-developed."He also praised the start-ups in the country, saying: "It is really a game-changer that there are 400 start-ups which are manufacturing electric two-wheelers and making good products. Hero, Bajaj and TVS are exporting 50 per cent of their production."Gadkari said he has full confidence that 8 lakh to 10 lakh electric buses can be produced in the country and added that the government had issued tender for 5,550 electric buses and the rate came at Rs 39/km for non-AC buses and Rs 41/km for AC buses. "The running cost for diesel buses of BEST was at Rs 115/km." (ANI)Get a daily dose of Professional Autos news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.
More InformationBATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BEIJING, July 13 (Xinhua) -- With strong tides of innovation and a deepening drive for sustainability, China's marine economy is surging...
(250713) -- MINFENG COUNTY, July 13, 2025 (Xinhua) -- Staff members work on the final section of the 750-kilovolt (kV) loop in Minfeng...
Rajouri (Jammu and Kashmir) [India], July 13 (ANI): The Megha Budhal-Mahore-Gool road project in Jammu and Kashmir's Rajouri is progressing...
Bhopal (Madhya Pradesh) [India], July 13 (ANI): In association with the Embassy of Nepal in India, PHDCCI India-Nepal Centre organised...
Kaithal (Haryana) [India], July 13 (ANI): Haryana Chief Minister Nayab Singh Saini on Sunday flagged off the Kaithal Half Marathon....
Rajouri, (Jammu and Kashmir) [India], July 13 (ANI): Construction work on the Megha Budhal-Mahore-Gool Road in Jammu and Kashmir's...