Meet soon on auto sector growth: Min

| | New Delhi
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Meet soon on auto sector growth: Min

Wednesday, 30 June 2021 | PTI | New Delhi

Meet soon on auto sector growth: Min

The heavy industries and public enterprises Ministry will soon convene a stakeholder meeting to discuss ways for fast-track growth of the automobile industry, including e-vehicles, Union Minister Prakash Javadekar said on Tuesday.

He also said with the development of NATRAX (National Automotive Test Tracks) Indore facility, domestic vehicles will no longer need to be sent abroad for testing.

Now many countries which do not have this kind of facilities will send their vehicles to India instead of Europe or the US because the 11.3-km high speed track at Indore is the fifth largest in the world, but largest in Asia and more equipped than facilities in China and Japan, the minister said.

 "We will arrange a stakeholder dialogue very soon to think about both the topics  -- further acceleration for high growth of the automobile industry and what is the way forward for fast tracking and fast growth of e-vehicles," the Minister for Heavy Industries & Public Enterprises said while inaugurating the Indore facility.

Javadekar added that many ideas are floating around on e-vehicles and there are newer solutions coming up, "so we will hold stakeholder consultation in both the areas very soon".

Speaking at the event, former Mahindra and Mahindra MD Pawan Goenka said in spite of the central and state governments’ initiatives to facilitate transition to e-vehicles, it is happening at a very slow pace and there is a need for stakeholder consultation to fast-track the  transition.

 "We cannot afford the slow pace at which the transition is happening today," he said.

 Goenka also said the auto industry today in India is bruised as even before the pandemic, it was almost stagnant for five years.

Again, there is a need for a stakeholder meeting to see what needs to be done to get the industry back on the growth path as the industry is important for economic growth.

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