India can become electric vehicle manufacturing hub within five years says roads minister
The industry needs to cut a dependence on lithium-ion battery imports from China, according to Nitin Gadkari, who said the government is looking to support research into alternative technologies.
India can become an electric vehicle (EV) manufacturing hub within five years, according to road transport minister Nitin Gadkari, who urged the industry to grab opportunities as global companies seek alternatives to Chinese supply chains in the wake of the Covid-19 pandemic.
“It’s a blessing in disguise for the Indian economy that the whole world is now not very much interested to deal with China,” the minister told a webiner on Thursday. Speaking at the India’s Electric Vehicle Roadmap Post-Covid-19 event, Gadkari added: “A lot of people from different parts of the world want to deal with India.”
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