Sunday, May 26

Tag: nitin gadkari

India woos Tesla with offer of cheaper production costs than China
INDIA

India woos Tesla with offer of cheaper production costs than China

India is ready to offer incentives to ensure Tesla Inc's cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country, transport minister Nitin Gadkari told Reuters. Nitin Gadkari's pitch comes weeks after billionaire Elon Musk's Tesla registered a company in India in a step towards entering the country, possibly as soon as mid-2021. Sources familiar with the matter have said Tesla plans to start by importing and selling its Model 3 electric sedan in India. "Rather than assembling (the cars) in India they should make the entire product in the country by hiring local vendors. Then we can give higher concessions," Gadkari said in an interview, without giving details of what incentives would be on offer. "The gover...
Indian MSMEs on Amazon crossed $2 billion in Global Selling
INDIA

Indian MSMEs on Amazon crossed $2 billion in Global Selling

American E-commerce giant Amazon's Indian subsidiary said Indian micro, small and medium enterprises (MSMEs) and brands that are part of its Global Selling Programme (GSP) have crossed $2 billion in cumulative exports. The company, which had started GSP in 2015, allows Indian companies to export to other countries through 15 Amazon websites globally. The program had started with a few hundred sellers and now has over 60,000 exporters. In January this year, Amazon had pledged to enable $10 billion in cumulative exports by 2025. Amit Agarwal, senior VP and country head Amazon India, said, micro, small and medium enterprises (MSMEs) are the backbone of the Indian economy and by digitizing them, the company is contributing towards boosting exports and job creation that will empower i...
Indian Government in Talks With SoftBank For Funding 2 Lakh e-Buses
News

Indian Government in Talks With SoftBank For Funding 2 Lakh e-Buses

To promote electric vehicles on a mass scale, the government is holding initial talks with Japanese investment firm SoftBank for low interest funding of 2 lakh electric buses for public transport, Union Minister Nitin Gadkari said here today. India wants to cut down on a ballooning Rs 7 lakh crore crude import bill, the minister said, adding electric buses and vehicles along with ethanol and other green fuel could be the solution. "Promoting electric vehicles is priority of our government. We want electric buses, autorickshaws and other vehicles to ply in the country. We are engaged in initial talks with SoftBank for loans at low interest rate for a green project. We want to introduce 2 lakh electric buses for public transport," Road Transport and Highways Minister Gadkari said. ...
Now, Access Driving Licence on Your Mobile Using DigiLocker
News

Now, Access Driving Licence on Your Mobile Using DigiLocker

Citizens will now be spared from the hassle of carrying physical driving licences and vehicle registration certificates (RCs), which can be accessed online or on their mobile phones using DigiLocker. Launching the integration of DigiLocker with the Driving Licence and Vehicle Registration system of the ministry of road transport and highways today, Union minister Nitin Gadkari said citizens can use these as valid identification at airports too. The digital driving licence and vehicle registration documents will be available on citizens cellphones via the DigiLocker mobile app and this will ensure authenticated on the spot verification by various law enforcement authorities like the traffic police. "The system will not only eliminate corruption but is a mega step towards realising Pr...
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...