As the adoption of EVs enhance in the country, the value of EVs will virtually match petrol and diesel autos inside the subsequent two years, Union Minister for Road Transport and Highways, Nitin Gadkari, earlier said at the occasion. The Society of Indian Automobile Manufacturers President Vinod Aggarwal said that the domestic auto trade has recognized 50 important parts for native production in order to scale back import dependence. The trade can be growing hydrogen and fuel cell primarily my latest blog post based applied sciences, he added. The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes per cent of the whole GST collected within the country, SIAM President Vinod Aggarwal stated on Monday. The auto sector additionally contributes considerably to the direct and indirect employment generation in the country, he stated whereas talking at the sixty fourth annual ACMA session here. The new proposal aims to scale back serious and fatal pedestrian crashes by forcing automakers to design their automobiles in another way.