Automobile Industry Information Analysis Automotive Intelligence
As the adoption of EVs enhance within the country, the worth of EVs will almost match petrol and diesel vehicles throughout the subsequent two years, Union Minister for Road Transport and Highways, Nitin Gadkari, earlier stated at the event. The Society of Indian Automobile Manufacturers President Vinod Aggarwal stated that the domestic auto trade has recognized 50 crucial components for native production in order to reduce import dependence. The trade can be developing hydrogen and gasoline cell based mostly technologies, he added. The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes per cent …