Addressing the '8th Catalyst Conference on Sustainability of E-Vehicle Industry-Evexpo 2024', Gadkari said estimated EV finance market size will be around ₹4 trillion by 2030."The Indian EV market potential is of ₹20 trillion by 2030, creating five crore jobs across the entire EV ecosystem," he said.The road transport and highways minister said 40% of air pollution in India is because of the transport sector."We import fossil fuels worth ₹22 trillion, that is a big economic challenge. And this import of fossil fuels is creating a lot of problems in our country," Gadkari said. He added that the government is concentrating on green energy as 44% of India's power basket is solar power.He said the size of India's automobile industry was ₹7 trillion when he took charge as transport minister in 2014 and the industry is worth ₹22 trillion today. PTI

EV market likely to touch ₹20 tn by '30

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.