EV prices to match that of petrol vehicles in 4-6 months: Gadkari

Union Road Transport and Highways Minister Nitin Gadkari connected Monday (October 6, 2025) said the prices of electrical vehicles (EVs) successful India are expected to beryllium connected par with those of petrol-powered vehicles wrong the adjacent 4 to six months.

The Minister said India's dependence connected fossil fuels is some an economical burden, arsenic ₹22 lakh crore is spent annually connected substance imports and an biology hazard, making cleanable vigor adoption important for the country's progress.

"Within the adjacent 4-6 months, the outgo of electrical vehicles volition beryllium equivalent to the outgo of petrol vehicles," Mr. Gadkari said, portion addressing the 20th FICCI Higher Education Summit 2025.

Further, the Minister said, “Within 5 years, our people is to marque India’s automobile manufacture the fig 1 successful the world.”

"When I took complaint arsenic Transport Minister, the size of the Indian automobile manufacture was ₹14 lakh crore. The size of the Indian automobile manufacture present is ₹22 lakh crore," Mr. Gadkari added.

Presently, the size of the U.S. automobile manufacture is ₹78 lakh crore, followed by China (₹47 lakh crore) and India (₹Rs 22 lakh crore).

Mr. Gadkari pointed retired that farmers person earned an further ₹45,000 crore by producing ethanol from corn.

Furthermore, the Minister said that “We person initiated a programme nether which we purpose to usage the full segregated coagulated discarded successful the state successful roadworthy operation by 2027, thereby creating worth from the waste.”

Highlighting the value of higher acquisition and accomplishment development, the curate said that a futuristic imaginativeness for improvement with due cognition is the request of the hour, and India’s spot lies successful its young, talented and skilled manpower compared to immoderate different nation.

"This is simply a large spot of India, and by utilizing this strength, if we are palmy successful giving them the close education, close skills, past we tin determination up successful the world," helium said.

Additionally, the Minister stated that higher acquisition institutions should besides absorption connected including and adopting palmy innovative technologies successful the curriculum, and applicable exertion to fortify aboriginal planning.