Indian Auto sector must go Global and look for a major share of the global electric auto market: It will lead them to achieve size and scale, says Dr Mahendra Nath Pandey.
“Indian Auto industry must look to reap benefits from great opportunities in sunrise areas ” Dr Pandey
Growth of the Auto Industry will certainly help us to achieve India’s commitment for “Panchamrita” given by the Prime Minister in COP 26 and give huge employment opportunities to Indian youth: Dr Pandey
India’s transition to Electric Mobility System can save Rs 20 lakh crore by 2030 on avoided oil imports alone- Dr Pandey
Dr Mahendra Nath Pandey, Union Heavy Industries Minister has said that Indian Auto must go Global and look for a major share of the global electric auto market. It will lead them to achieve size and scale.
Addressing the Round Table Conference organized by the Ministry of Heavy Industries (MHI) today at Goa to Promote Electric Vehicles Mobility, Dr Pandey called upon the Indian industry to benefit from great upcoming opportunities in sunrise areas “ They can achieve global scale and internationally acceptable quality products”, he said.
The Minister further stated that the growth of the Auto Industry will certainly help us to achieve India’s commitment to “Panchamrita” given by Prime Minister Narendra Modi in COP 26 and give huge employment opportunities to Indian youth.
The Minister also mentioned that there is a disruptive change happening in the global automotive scenario with a big boost to ‘Electric Vehicles’ as the future of technology. He added that innovations and technological breakthroughs in EV components are catalyzing this disruption.
Therefore it is essential to accelerate the manufacturing and adoption of Electric Vehicles in India. He said, ‘We also need to make India manufacturing hub of EV’. He also mentioned that India’s transition to Electric Mobility System can save Rs 20 lakh crore by 2030 on avoided oil imports alone.
