Economy & Business

    India expected to see 1 cr EV sales annually by 2030, create 5 cr jobs: Gadkari

    author-img
    The Hawk
    December22/ 2023
    Last Updated:

    Nitin Gadkari Envisions a Green Revolution: India Set to Lead Global Electric Vehicle Market with Projections of 1 Crore Sales Annually by 2030, Generating 5 Crore Jobs. The Minister Highlights Government Initiatives, Retrofitting Approvals, and Commitment to Clean Energy Independence at the 19th EV EXPO 2023.

    Union minister Nitin Gadkari

    New Delhi: India is likely to see 1 crore Electric Vehicle (EV) sales a year and the segment is expected to generate about 5 crore jobs by 2030, Union minister Nitin Gadkari said on Friday.

    Addressing the 19th EV EXPO 2023, Gadkari said, "As per the Vahan database, 34.54 lakh EVs are already registered in India."

    The Union Road Transport and Highways minister asserted that India has the potential to become number 1 EV maker in the world and the government is committed to making India a self-reliant country in clean energy production and mass application.

    Gadkari said the government has also permitted retrofitting of existing polluting vehicles into hybrid and fully EVs.

    The regulations have been finalised and technology demonstrations done successfully, he added.

    He said the government intends to shift public transport and logistics to EVs.

    —PTI