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India will be a manufacturing hub for electric vehicles in 5 years: Gadkari

The road transport minister stated that global businesses are looking at possibilities outside China

Gadkari
premium

The minister said the government has lowered the GST on electrical vehicles to 12 per cent

Press Trust of India

India will be a manufacturing hub for electric vehicles in five years, Union minister Nitin Gadkari on Thursday said and urged players to grab opportunities amid changed circumstances in the wake of the Covid pandemic.

The road transport minister stated that global businesses are looking at possibilities outside China.

Addressing a webinar on 'India's Electric Vehicle Roadmap post-Covid-19', Gadkari assured the electric vehicles sector of all the support in view of disruptions caused by the coronavirus crisis.

According to a road ministry statement, Gadkari "expressed confidence that in the next five years, India will become a manufacturing hub for electric vehicles", and said