New Delhi: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that the prices of electric vehicles (EVs) in India are likely to match those of petrol-powered vehicles within the next four to six months, as the government pushes for wider adoption of clean mobility.
Speaking at the FICCI Higher Education Summit, the minister noted that India’s annual fuel import bill of Rs 22 lakh crore was both an economic burden and an environmental challenge, making a shift towards green energy vital for the country’s growth.
Gadkari added that within the next five years, the government aims to position India’s automobile industry as the largest in the world. When he took charge as transport minister, the industry was valued at Rs 14 lakh crore, which has now grown to Rs 22 lakh cr