Nitin Gadkari News: Recently, Union Minister for Road, Transport and Highways Nitin Gadkari made an important announcement that India's road network will be better than the US in the next two years. This statement not only reflects the rapid development in India's infrastructure, but also confirms the revolutionary changes taking place in the country's transport system.
India's Highway Network: Ahead of AmericaAccording to Gadkari, there is no major problem in the road sector in India at present, but the steps taken by the government are taking this sector to new heights. He informed that under the policies and schemes of the government, the pace of highway construction is being increased across the country. Currently, the government aims to build 60 kilometers of road per day, which will help India to top the global road network in the coming times.
Revolution in the Electric Vehicle IndustryGadkari also announced that India will overtake the US in the manufacture and adoption of electric vehicles (EVs) in the next five years. The main objective of the government is to promote green energy and reduce dependence on conventional fuels. Under this, charging infrastructure is being strengthened across the country, which will significantly increase the demand for electric vehicles.
Reduction in logistics costThe minister also said that they are committed to reducing the logistics cost of the country. Currently, India's logistics cost is 14-16 percent, which is planned to be brought down to single digits. This step will be helpful in making India more competitive in global trade.
Vehicle scrapping policy and battery productionThe government's objective behind implementing the vehicle scrapping policy is to reduce the prices of automobile components, which will make it possible to reduce the total cost of vehicles by up to 30 percent. This policy will prove beneficial for the automobile industry and vehicles will be available to consumers at affordable rates.
Gadkari also informed that the prices of lithium-ion batteries have come down in India. Big companies like Adani Group and Tata are going to mass produce lithium-ion batteries in India, which will further strengthen the electric vehicle industry.
Lithium reserves in Jammu and Kashmir: India's new energy revolutionAnother important achievement for India is that 6 percent of the world's total lithium reserves have been found in Jammu and Kashmir. This discovery will boost the manufacturing of lithium-ion batteries in India and the country will take a significant step towards self-reliance.