Ad

Ad

Ad

Ad

Nitin Gadkari Says Scrappage Policy will Make India Top Auto Hub

ByCarbike360|Updated on:Invalid date

Share via:


Follow Us:

google-news-follow-icon
noOfViews-icon

0 Views



ByCarbike360

Updated on:Invalid date

noOfViews-icon

0 Views

share-icon

Follow Us:

google-news-follow-icon

Union minister Nitin Gadkari stated on Saturday, supporting the scrappage policy mentioned in the Budget it would carry India to lead automobile manufacturing hub worldwide within five years.

The minister will be announcing scrappage policy in a span of 8 to 10 days. He further added that it would create about 25 lakh new job opportunities. He also added further, “We would be taking scrap from all over the world and recycling it. It would help to reduce prices of automobile components by almost 40 per cent”.

Nitin Gadkari Says Scrappage Policy will Make India Top Auto Hub

Union minister Nitin Gadkari stated on Saturday, supporting the scrappage policy mentioned in the Budget it would carry India to lead automobile manufacturing hub worldwide within five years. In an interview with media at Wardha, MP from Nagpur stated that Sindi (Railway) nearby Wardha is likely to be transformed into a huge logistics park and he would plan on shifting the depot for Container Corporation of India (CCI) in Nagpur. The area is prepared as a dry spot with direct connectivity to Jawaharlal Nehru Port Trust (JNPT), Mumbai. This raises a serious question if the proposed Mihan cargo hub will be dropped or will stay.

The minister will be announcing scrappage policy in a span of 8 to 10 days. He further added that it would create about 25 lakh new job opportunities. He also added further, “We would be taking scrap from all over the world and recycling it. It would help to reduce prices of automobile components by almost 40 per cent”. Vehicles aged more than 15 years require more maintenance and are less fuel-efficient, said the union minister adding further, “With the change in technology, new vehicles require less maintenance and are fuel-efficient. We would provide discounts, for example, 5 per cent on the price of new vehicles to those who offer their old ones for scrap”. Elaborating further, he signalled about domestic production of electric vehicles and lithium batteries. He further added that scrap from aluminium, plastic, iron and rubber will help getting started with the upcoming industry.

Nitin Gadkari Says Scrappage Policy will Make India Top Auto Hub

He further added, “We would levy a green tax on old vehicles. I am a big supporter of bio-fuel and have plans to make Nagpur, Wardha, Bhandara, Gondia and Gadchiroli diesel-free cities in five years. Even in Budget, the government has made provision for 25,000 electric buses for city transportation. A tractor powered by bio-CNG will also be launched in Delhi on February 12 by petroleum minister Dharmendra Pradhan”.

A provision of Rs50 crore to Mahatma Gandhi Institute for Rural Industrialization (MGIRI) in Wardha has been decided by the Ministry of Micro and Small Industries. Gadkari added, he is planning to transform it into a world-class institute for training purpose in tribal, forest and agriculture research and industrialization sector. Gadkari further added, “It would be developed on the lines of the proposed Terracotta centre in Ballarpur for promoting local handicraft products and would soon get a full-time director”.

Lauding the budget, Gadkari said it would strengthen Prime Minister Narendra Modi’s vision of an independent make in India aka (Atmanirbhar Bharat). He further added, “The government is planning to come up with ethanol fuel and it would cost just Rs60. Many companies have already started manufacturing such vehicles.”


Follow Us:

whatsapp-follow-icon
instagram-follow-icon
youtube-follow-icon
google-news-follow-icon

More News

Force Gurkha 5-Door Confirmed to Arrive With a Digital Instrument Console; Check Details

Force Gurkha 5-Door Confirmed to Arrive With a Digital Instrument Console; Check Details

Force Motors teases its Gurkha 5-door lifestyle vehicle, featuring a digital instrument cluster and a new infotainment system supporting Android Auto and Apple CarPlay. The 7-seat layout, albeit lacking headrests in the middle row, promises versatility. With an elongated wheelbase and new alloy wheels, the Gurkha retains its rugged charm. Powered by a Mercedes-Benz-sourced diesel engine and 4x4 transmission, it's poised for off-road adventures.

18-Apr-2024 04:36 PM

Read Full News
Force Gurkha 5-Door Confirmed to Arrive With a Digital Instrument Console; Check Details

Force Gurkha 5-Door Confirmed to Arrive With a Digital Instrument Console; Check Details

Force Motors teases its Gurkha 5-door lifestyle vehicle, featuring a digital instrument cluster and a new infotainment system supporting Android Auto and Apple CarPlay. The 7-seat layout, albeit lacking headrests in the middle row, promises versatility. With an elongated wheelbase and new alloy wheels, the Gurkha retains its rugged charm. Powered by a Mercedes-Benz-sourced diesel engine and 4x4 transmission, it's poised for off-road adventures.

18-Apr-2024 04:36 PM

Read Full News
Aprilia India Launches 660 Range along with Tuareg 660, Appoints John Abraham As Brand Ambassador

Aprilia India Launches 660 Range along with Tuareg 660, Appoints John Abraham As Brand Ambassador

Aprilia India unveils 2024 Range with Tuareg 660, named John Abraham brand ambassador. High-performance bikes blend style and adventure, thrilling enthusiasts nationwide.

18-Apr-2024 10:09 AM

Read Full News
Aprilia India Launches 660 Range along with Tuareg 660, Appoints John Abraham As Brand Ambassador

Aprilia India Launches 660 Range along with Tuareg 660, Appoints John Abraham As Brand Ambassador

Aprilia India unveils 2024 Range with Tuareg 660, named John Abraham brand ambassador. High-performance bikes blend style and adventure, thrilling enthusiasts nationwide.

18-Apr-2024 10:09 AM

Read Full News
Tata Altroz is now more Safer than Before | Check out this New Update

Tata Altroz is now more Safer than Before | Check out this New Update

Learn about the enhanced safety measures of Tata Altroz. Read out the whole news about this latest update on how it's now safer than ever before.

18-Apr-2024 07:37 AM

Read Full News
Tata Altroz is now more Safer than Before | Check out this New Update

Tata Altroz is now more Safer than Before | Check out this New Update

Learn about the enhanced safety measures of Tata Altroz. Read out the whole news about this latest update on how it's now safer than ever before.

18-Apr-2024 07:37 AM

Read Full News
Vespa 140th of Piaggio Special Edition Introduces in 66 countries, to arrive in India or not

Vespa 140th of Piaggio Special Edition Introduces in 66 countries, to arrive in India or not

The iconic Vespa brand celebrates 140 years with the limited edition "Vespa 140th of Piaggio", available in 66 countries. Unfortunately, no allocation has been made for India.

18-Apr-2024 07:25 AM

Read Full News
Vespa 140th of Piaggio Special Edition Introduces in 66 countries, to arrive in India or not

Vespa 140th of Piaggio Special Edition Introduces in 66 countries, to arrive in India or not

The iconic Vespa brand celebrates 140 years with the limited edition "Vespa 140th of Piaggio", available in 66 countries. Unfortunately, no allocation has been made for India.

18-Apr-2024 07:25 AM

Read Full News
25th Anniversary Edition of Suzuki Hayabusa Launched at Rs 17.70 Lakh

25th Anniversary Edition of Suzuki Hayabusa Launched at Rs 17.70 Lakh

Suzuki celebrates 25 years of Hayabusa legacy with a special edition: iconic design, powerful performance, and timeless exclusivity.

18-Apr-2024 06:08 AM

Read Full News
25th Anniversary Edition of Suzuki Hayabusa Launched at Rs 17.70 Lakh

25th Anniversary Edition of Suzuki Hayabusa Launched at Rs 17.70 Lakh

Suzuki celebrates 25 years of Hayabusa legacy with a special edition: iconic design, powerful performance, and timeless exclusivity.

18-Apr-2024 06:08 AM

Read Full News
New Kinetic Electric Scooter Spotted Testing in Pune!

New Kinetic Electric Scooter Spotted Testing in Pune!

New Kinetic electric scooters are undergoing testing in Pune, sparking excitement. Expected to redefine urban commuting with a 100 km range, contemporary features, and robust hardware setup.

17-Apr-2024 12:04 PM

Read Full News
New Kinetic Electric Scooter Spotted Testing in Pune!

New Kinetic Electric Scooter Spotted Testing in Pune!

New Kinetic electric scooters are undergoing testing in Pune, sparking excitement. Expected to redefine urban commuting with a 100 km range, contemporary features, and robust hardware setup.

17-Apr-2024 12:04 PM

Read Full News

Ad

Ad

Explore Other Cars Brands

Cars In India

Mahindra Bolero Neo Plus

Mahindra Bolero Neo Plus

₹ 11.39 - 12.49 Lakh

Skoda Superb Facelift

Skoda Superb Facelift

₹ 54.00 Lakh

Toyota  Urban Cruiser Taisor

Toyota Urban Cruiser Taisor

₹ 7.73 - 13.03 Lakh

Lexus LM

Lexus LM

₹ 2.00 - 2.50 Cr

Hyundai Creta N Line

Hyundai Creta N Line

₹ 16.82 - 20.45 Lakh

Toyota bZ4x

Toyota bZ4x

₹ 70.00 Lakh

MG 4 EV

MG 4 EV

₹ 15.00 - 21.00 Lakh

Audi Q8 2024

Audi Q8 2024

₹ 1.17 Cr

Nissan X-Trail

Nissan X-Trail

₹ 26.00 - 32.00 Lakh

Ad

Ad

Ad