Speaking at the India Mobility Expo, Prime Minister Narendra Modi on Friday said the country is growing rapidly and it will definitely become the third largest economy in the world in the third term of his government. Addressing businessmen at the Global Expo of Bharat Mobility, the Prime Minister said that the auto and auto component industry will have to play an important role in making India a global economic power.
On this occasion, the Prime Minister also announced the construction of 1,000 modern rest houses for truck and taxi drivers in the first phase along the national highways. He said that India is constantly dynamic and is progressing rapidly. In a way, this is the beginning of a golden period for India’s transport sector. Today India’s economy is growing rapidly. India is certain to become the world’s third largest economy in the third term of our government. General elections in the country are going to be held in April-May.
Government’s focus on battery and electric vehicles
Modi said that in the first term of his government, he had paid special attention to battery and electric vehicles and in the second term, good progress has been made in this direction. He said that the transport sector will achieve new heights in the third term of the government. He said that in the last 10 years before 2014, 12 crore vehicles were sold. But since 2014, more than 21 crore vehicles have been sold in the country. Ten years ago only about 2,000 electric vehicles were being sold annually whereas now 12 lakh electric vehicles are being sold. He said that in the last 10 years, an increase of about 60 percent has been recorded in terms of passenger vehicles.
Research Battery Industry
He further said that why research is not done to make batteries from the raw materials available in India? The automobile sector should also do research in green hydrogen and ethanol. During this, the Prime Minister also mentioned India’s progress in the field of infrastructure. He said that we are creating ‘engineering charisma’ in record time, challenging the sea and the mountains. From Atal Tunnel to Atal Setu, India’s infrastructure development is creating new records. In the last 10 years, 75 new airports have been built. About four lakh rural roads have been built.
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