Gandhinagar, July 9 (IANS) Union Road Transport and Highways Minister Nitin Gadkari said on Thursday that India’s automobile industry has grown into the world’s third largest by value after overtaking Japan, with its size increasing from Rs 14 lakh crore to Rs 22 lakh crore. Addressing the inauguration of ‘Prawas 5.0’, the multimodal transport exhibition organised by the Bus and Car Operators Confederation of India (BOCI) in Gandhinagar, Gadkari added that the sector had become one of the countr…
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New Delhi, April 29 (IANS) The Ministry of Heavy Industries held a high-level meeting on Wednesday to deliberate on financing mechanisms required to accelerate the adoption of electric buses and trucks in the private sector.Officials at the meeting, chaired by Heavy Industries Secretary Kamran Rizvi, discussed the financing challenges for the adoption of e-buses and e-trucks, the current status of financing these heavy vehicles, and potential solutions to address the challenges, as well as the g…