Sunday, May 26

Tag: automaker

Indian Minister Nitin Gadkari to Automakers: Develop Tech For Engines
INDIA

Indian Minister Nitin Gadkari to Automakers: Develop Tech For Engines

New Delhi- (PTI) Calling upon automakers to develop homegrown technologies to build environment-friendly car engines under the Make in India drive, Union Minister Nitin Gadkari today said encouraging such endeavours will help them save on huge royalty costs. "Even today despite more than 90 per cent indigenisation some of our car manufactures have been paying royalties for technology of over Rs 4,000 crore every year. They will not be required to do so if they develop indigenous technologies," Road Transport and Highways Minister Gadkari told PTI. The automakers should encourage indigenous technologies under Make in India drive, the minister said while stressing that nation is battling with the problem of pollution and this could be their contribution to check it. Citing example o...