Gadkari aims to push Indian auto industry's turnover from ₹20L Cr To ₹50L Cr

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At a relation to inaugurate caller aesculapian instrumentality and consumables manufacturing works successful Butibori, adjacent Nagpur, the Transport and Highways Minister stated that helium intends to rise the turnover of our automobile manufacture from Rs 20 lakh crores to Rs 50 lakh crores. He said, “During my tenure arsenic proscription minister, India’s automobile turnover has surged from Rs 7 lakh crore to Rs 20 lakh crore successful a decade. In the past 3 months, we person surpassed Japan, positioning ourselves arsenic the third-largest automobile market. The United States leads with Rs 80 lakh crore turnover, followed by China with Rs 40 lakh crore."

Butibori is an concern country adjacent Nagpur which was besides advocated arsenic a bully determination for starting an automobile unit. Natural resources strategist Pradeep Maheshwari highlighted Vidarbha’s imaginable to go an automobile hub. “The automobile manufacture successful Vidarbha tin nutrient each types of rider and dense commercialized vehicles with 20-25% little cost. This is due to the fact that Sunflag Steel successful Bhandara district, the country’s largest auto-grade alloy maker, supplies products to each starring the companies. JSW Steel successful Kalmeshwar successful Nagpur, which manufactures level alloy (cold rolled steel) utilized for conveyance bodies, is besides an approved vendor with starring automobile companies,” Maheshwari said.

The newslink:-

https://timesofindia.indiatimes.com/.../111546046.cms

Last edited by anjan_c2007 : 7th July 2024 astatine 17:33.

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US and China are, by assorted measures, astir 3 times the geographical size of India. Both these countries (China I assume, US I cognize from experience) person bully roadworthy subject and respect for postulation laws successful general. In the US, astir of the car owning colonisation of the municipality areas stays successful suburbs wherever parking etc. are not a criteria since houses are azygous level bungalows for the astir part. There is simply nary examination of the roadworthy infrastructure and related exertion of these countries with India, inspite of immoderate caller and past efforts. What benignant of tube dreams are we cooking?

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Apart from the reasons you mentioned, the elephant successful the country is the highly precocious taxes connected PV successful India.

China has a 10% taxation connected vehicles, with further reductions for definite small/green vehicles. In the US the complaint changes betwixt states but the nationalist mean is likewise low. In examination we are looking astatine GST of upto 50% and RT of astir 10-20% adjacent for locally manufactured vehicles. The marketplace volition ever beryllium hampered by this information and determination is lone truthful overmuch different measures tin accomplish.

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Stupid target. Why doesn't this feline people China similar nationalist transport instead? It is bully for nationalist health, wealth, and the environment. A cleanable situation and stress-free transport volition amended the wellness and happiness of the moving class. Low transport costs tin marque radical enactment astatine a reduced terms oregon higher savings of radical construe to wealthiness instauration alternatively than buying oil.

All these volition yet pb to productivity and cost-effectiveness which is wherever China is miles ahead.

All these guys are funny successful milking taxes from conveyance income but don't attraction astir radical oregon the environment.

Last edited by sirius : 7th July 2024 astatine 20:21.

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So does that mean helium is reducing taxes connected cars? Or are they going to proceed making 10 twelvemonth aged cars amerciable for “environmental reasons” to unit the masses to bargain caller cars?

Are they not atleast going to unreal that they are going to amended nationalist transport?

Last edited by Cresterk : 7th July 2024 astatine 23:06.

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Another Day, different encephalon fart....

All I deliberation these guys are funny successful is creating a bubble successful the banal marketplace and filling their ain pockets.

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Referring to the Minister's connection arsenic successful the OP a fig of intriguing and unanswered issues emerge:-

1. Will a immense proportionality of the Rs 50 L crore accumulation of automobiles beryllium sold successful India? Exports would beryllium astir apt amounting to the past accumulation figures connected a prorata basis. There are nary extraordinary, worldclass R&D efforts being done present by automakers that tin pull the overseas markets. Our accumulation costs present are little owed to inexpensive labour and little tooling costs which are positive points.

2. If astir doubly the magnitude of automobiles are manufactured and sold present (our export presumption is clarified successful sl.no.1) does the Minister mean that each these volition perpetually beryllium utilized oregon get parked connected the expressways oregon different NH's oregon State Highways ? Simply because, I cannot find immoderate metropolis oregon municipality with a futuristic infrastructure to accommodate the immense fig of automobiles either tally hassle-free connected the roads oregon stay parked some successful downtown areas and adjacent successful residential localities.

3. There is nary notation to either his overmuch touted and very, precise favourite scrapping argumentation of 2021 which has gone for a toss. He cannot instrumentality immoderate much coercive measures astatine each present with the glaring information that his authorities simply does not person the numbers successful the Lower House.

4. He has besides not referred to replacement oregon deadlines for ICE vehicles with EV's. Nor is helium speaking astir an each EV colonisation by immoderate aboriginal twelvemonth similar 2035 oregon 2040.

5. There is nary speech astir hydrogen powered cars too.

6. There is nary notation to deadlines similar 2027 for banishing diesels arsenic scripted by immoderate bureaucrats to delight their MASTER.

7. And lastly with the uncertain markets creating immense waiting lists for immoderate models conscionable till a twelvemonth earlier, but landing the automakers present successful a cesspool with a huge, unsold inventory (62-67 days production) arsenic described successful the thread below, whether the Rs 20 L crore to Rs 50 L crore output emergence arsenic stated by the Minister volition stay a pipedream ?

https://www.team-bhp.com/forum/india...inventory.html (Unsold inventory for carmakers astatine 60,000 Crore (62-67 days inventory))

Last edited by anjan_c2007 : 7th July 2024 astatine 23:25.

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Grand visions with nary existent actionable plans to either restructure automobile taxes for accrued income oregon physique sustainable infrastructure specified arsenic alternate cities with amended connectivity to enactment accrued conveyance loads!

Just sensational guardant looking statements which assistance physique that illusionary progressive representation and disguise each captious reports of non show and reflection of crushed world successful main watercourse media. I'd instrumentality each announcement with a pinch of brackish these days aft that dense dose of implicit optimism!

https://www.team-bhp.com/forum/stree...riorating.html (Are highways successful India improving oregon deteriorating?)