New Delhi: India aims to lead the world in the sector of automobile industry by doubling its size to Rs. 15 crores by the end of 2024, the Union Road Transport and Highways Minister, Nitin Gadkari said.
Gadkari also said that his ministry will carry out project works worth Rs 5 lakh crore next year, of which Rs 2 lakh crore will come from the government and the rest will be raised from the capital market.
According to Mr Gadkari, this decision will be helpful creating huge job opportunities.
Gadkari said this at a virtual session of Merchants Chamber of Commerce and Industry.
He said the majority of automobiles in the country will run on alternative fuels by 2030.
He claimed that green hydrogen is the fuel of the future. They are also working on developing alternative, clean and green fuels like bio-ethanol, bio-CNG, bio LNG and green hydrogen.
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