Nitin Gadkari Reveals How Kashmir Can Make India World's Biggest Car Maker
NDTV
According to Mr Gadkari, presently India's automobile industry is worth Rs 7.5 lakh crore, and the sector's contribution to the overall GST revenue is maximum.
Union road, transport and highway minister Nitin Gadkari has said that if India can use recently discovered reserve of lithium in Jammu and Kashmir, it will become number one automobile manufacturing country in the world.
Addressing an event organised by industry body CII, Mr Gadkari said there is a need to encourage public transport, and electric buses are the future.
"Every year, we import 1,200 tonnes of lithium. Now, in Jammu and Kashmir, we got lithium. (If) we can use this lithium ion, we will be the number one automobile manufacturing country in the world," he said.
India has beaten Japan to become the third largest vehicle market in 2022 after China and the USA.
