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India's Small Cities Home to Over 400 EV Makers: Nitin Gadkari
OutlookIndia
·
4m ago
Medial
Over 400 electric vehicle (EV) manufacturers are operating in India’s smaller cities, indicating a thriving startup ecosystem, according to Union Transport Minister Nitin Gadkari. Speaking at the Convergence India Expo, Gadkari highlighted the vast domestic and export opportunities arising from this momentum in electric mobility, supported by 42% of India’s power being generated from renewable resources. He also noted efforts to produce biofuels and tackle pollution through innovation, enhancing sustainable transportation in the country.
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No Objections To FM Giving Subsidies On EVs: Gadkari
Inc42
·
11m ago
Medial
The Indian government is considering removing financial incentives for electric vehicle (EV) manufacturers as the cost of EVs is expected to become comparable to traditional petrol and diesel vehicles within the next two years. This move follows a recent suggestion from the Indian Minister of Road Transport and Highways, Nitin Gadkari, that subsidies to EV makers are no longer needed. Despite the government's goal of achieving 30% EV penetration by 2030, the adoption of EVs in India has been slow for both two- and four-wheelers.
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Indian EV market to touch one crore units in annual sales by 2030: Nitin Gadkari
YourStory
·
11m ago
Medial
India's electric vehicle (EV) market is projected to reach one crore annual sales by 2030, according to Union Minister Nitin Gadkari. This growth is expected to create five crore jobs in the country. Gadkari also expressed hopes that India will become the top global automotive manufacturing hub. The potential of India's EV market is estimated to be around Rs 20 lakh crore by 2030, with an estimated Rs 4 lakh crore in the EV finance market. The minister noted that the cost of lithium-ion batteries is expected to decrease, making EVs more affordable and driving higher adoption rates.
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India aims for single-digit logistics costs to compete globally
Inshorts
·
4m ago
Medial
The 32nd Convergence India & 10th Smart Cities India was inaugurated by Nitin Gadkari, Minister for Road Transport & Highways, Government of India. In his speech, the Minister stated, "India's economy is growing rapidly, with infrastructure development playing a key role. Our goal is to reduce logistics costs from 14-16% to single digits, making us more competitive with China and the US."
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Electric vehicle makers no longer need to be subsidised by govt: Gadkari
YourStory
·
11m ago
Medial
Union Minister Nitin Gadkari stated that there is no need to provide subsidies for electric vehicle (EV) manufacturers as consumers are choosing EVs and compressed natural gas (CNG) vehicles on their own. Gadkari noted that the manufacturing costs of EVs have decreased with increased demand. He asserted that the government does not need to provide significant subsidies for EVs anymore, and that the reduced Goods and Services Tax (GST) on EVs compared to petrol and diesel vehicles is already beneficial. Gadkari expects the cost of diesel, petrol, and EVs to be the same in two years.
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India’s logistics cost will come down to single-digit in two years: Gadkari
YourStory
·
9m ago
Medial
India's Union Road Transport and Highways Minister, Nitin Gadkari, announced plans to reduce India's logistics costs to single digits within the next two years. The construction of highways and expressways will contribute to this reduction. Gadkari also expressed India's potential for exporting alternative fuels and biofuels, particularly highlighting developments in the biofuel sector, such as the use of methanol. He aims to make the Indian automobile industry the leading industry in the world. Gadkari also emphasized the use of recycled materials in road construction and the utilization of crop waste to increase farmer incomes and reduce pollution in Punjab and Haryana caused by stubble-burning.
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Govt aims to make Indian auto industry world's No. 1: Gadkari
YourStory
·
8d ago
Medial
Union Minister Nitin Gadkari aims to make India's automobile industry the world's largest, highlighting its growth to Rs 22 lakh crore and its creation of 4.5 crore jobs, the highest in the country. Speaking in New Delhi, Gadkari noted that the industry contributes significantly to the economy and GST revenue but also emphasized the need to address pollution challenges by developing greener fuels, and diversifying agriculture towards energy and power.
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Vehicle Scrapping Policy may reduce auto component prices by 30%: Gadkari
YourStory
·
4m ago
Medial
Union Minister Nitin Gadkari highlighted that the Vehicle Scrapping Policy could decrease auto component prices by 30%, benefitting consumers through reduced vehicle costs. Speaking at the Times Drive Auto Awards 2025, he noted the government's efforts to enhance charging infrastructure, boosting EV demand. The reduction in input material costs further supports EV adoption. India is advancing in lithium-ion battery production, supported by discoveries in Jammu and Kashmir, contributing to the country's growing automobile industry.
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Union Minister Nitin Gadkari lays foundation for NH projects worth Rs 2,042 crore in Karnataka
Economic Times
·
25d ago
Medial
Union Minister Nitin Gadkari inaugurated nine national highway projects in Karnataka with an investment of Rs 2,042 crore. These projects, covering 88 km, include road safety improvements and new constructions. Gadkari mentioned current and future projects worth Rs five lakh crore in the state, emphasizing enhanced connectivity and reduced travel times. Significant developments include a Ring Road in Bengaluru, and improved links between states like Karnataka, Andhra Pradesh, and Tamil Nadu. This expansion illustrates India's broader infrastructure ambitions.
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Zomato to distribute bluetooth-enabled helmets to 3 lakh delivery partners to ensure their safety
OutlookIndia
·
1y ago
Medial
Zomato, India's food ordering and delivery platform, organized the 'India's Emergency Heroes' program aimed at enhancing the safety of its delivery partners. The event featured professional training programs on medical first-aid and CPR, attended by Nitin Gadkari, India's Minister of Road Transport and Highways. Zomato announced the distribution of Bluetooth-enabled helmets to over 300,000 delivery partners. The company also celebrated Delivery Partners' Day and has implemented various safety measures, including insurance coverage, health benefits, rest facilities, and visibility enhancements for its delivery fleet.
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Emobility Startup ZEVO Nets $2 Mn From BizDateUp, Others
Inc42
·
10m ago
Medial
- New Delhi-based startup secures funding for technological upgrades and expansion - Plans to deploy over 5,000 electric vehicles across key locations - Focuses on expanding to new cities and strengthening presence in Tier II and III cities - Aims to provide sustainable mobility solutions to a larger audience - Previously received subsidies under the FAME scheme for EV makers - The FAME scheme expired in 2024
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