Shri Gadkari indicated towards the growing pace of the automobile industry which has a turnover of Rs 4.5 lakh crore at present and is set to reach Rs 10 lakh crore very soon
Union Minister for Road Transport, Highways and MSMEs Shri Gadkari has called for adopting an integrated approach for developing indigenous fuel cells in the field of electric vehicles. Shri Gadkari said, India today stands at the cusp of becoming a world leader in this field. The Minister urged scientists, academia, and industry to harness hydrogen-based energy, it is a cost effective and easily available mode in the country. He indicated the lowering costs of solar power in India, which can help energize other modes of fuels.
Chairing a meeting of govt agencies and representatives from research institutions here last evening, he informed that with nearly 81 per cent of Li-ion battery components available locally, India stands a very good chance for value addition at lower costs, and resultant employment generation at large scales. Reacting to the presentations made for different technologies including Li-ion, metal-ion, Sodium Sulphur, Hydrogen, Iron Sulphur, Polymer Electrolyte Membrane Cell System, ZincGel, etc, Shri Gadkari said, economic viability is the basis of any successful technology.
The Minister said, there is vast scope in the area of Lithium-ion battery too despite countries like China dominating in the sector. He said India’s mining entities could look for acquiring component assets globally and grab the opportunity as there is still 49 percent scope in this field. Shri Gadkari indicated towards the growing pace of the automobile industry which has a turnover of Rs 4.5 lakh crore at present and is set to reach Rs 10 lakh crore very soon.
He also said that initially, one crore vehicles will go for scrapping under the new vehicle scrapping policy, which will result in the availability of cheaper aluminum, copper, rubber, steel, and other products. He said these will have the potential to reduce the price of battery components.
The Minister suggested to take ahead the suggestions brought forth in the meeting by integrating industry experience in the field. He assured the participants of his complete commitment in adopting best technologies. He said, next generation batteries will not only minimise vehicular pollution in India but make India a global supplier of EVs.
NITI Ayog CEO Shri Amitabh Kant stressed upon concentrating on lithium-ion alternative batteries and supported the idea of mining companies exploring opportunities abroad for acquiring assets in this regard. He said, NITI Ayog has collaborated with four IITs including Guwahati and Delhi for research in aluminium-ion batteries.
The meeting was attended by MoS-RTH Gen (Retd) Dr VK Singh, Prime Minister’s Principal Scientific Advisor Shri K Vijay Raghavan, Niti Aayog CEO Shri Amitabh Kant, Secretary RTH Shri Giridhar Aramane and senior representatives from DRDO, ISRO, CSIR and IITs.