On Thursday Union Road Transport and Highways Minister Nitin Gadkari said that dealers of automobiles should also open vehicle scrapping facilities.
Addressing the fifth Auto Retail Conclave, Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities.
He also noted that India is encouraging the use of alternate fuel and biofuel and pointed out that the government is working to make India the largest manufacturer of green hydrogen.
The minister emphasized that auto dealers will be crucial in helping India expand to a USD 5 trillion economy, which is now the largest and fastest-growing major economy in the world.
India is the fourth largest manufacturer of passenger vehicles and the sixth largest manufacturer of commercial vehicles, he said.
Gadkari said his dream is to make India the top automobile hub in the world.
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