GREATER NOIDA: India is seriously thinking about alternative fuel and the country needs leadership from the industry side who can convert “problems into opportunity”, said Union Transport and Highways Minister Nitin Gadkari, adding that India has the potential to become an exporter of energy.
“We can run our railway, our aircraft, truck and busses on green hydrogen. Today we are the importer of energy, but with your research (auto industry) and planning, India will be the exporter of energy,” Gadkari said speaking at the ongoing Auto Expo 2023 on Thursday.
“We need the leadership who can convert problems into opportunity, not opportunity into the problems.”
Citing the recently approved National Green Hydrogen Mission, he said the government has allocated about Rs 20, 000 crore for the green hydrogen ecosystem.
Union Cabinet last week approved the National Green Hydrogen Mission, which aims to make India a global hub for the production, utilization, and export of such technologies. Under this mission, the government aims to raise annual green hydrogen production to 5 million tonnes.
The green hydrogen mission will gradually lead to the decarbonization of industrial, transport and energy sectors; and a reduction in dependence on imported fossil fuels, among others. India meets a sizable portion of its energy needs through imports, and this green hydrogen mission is seen as an avenue to reduce the dependence of imported fuel.
Further, regarding road accidents in India, the minister said the aim is to reduce the accident by 50 per cent before the end of 2024. Gadkari reiterated that India’s road infrastructure will be equivalent to that of the US.
“It is my promise. My suggestion is that we have to make preventive measures for safety. The economy is equally important but safety is more important,” the minister added.
Earlier, Union Heavy Industry Minister Mahendra Nath Pandey said that as per the progress of battery manufacturing in India, the country will soon be able to export batteries which is majorly dominated by China and Malaysia.
China and Malaysia hold 85 per cent and 7 per cent market of battery. Rest 8 per cent is dominated by US, France, among others.
“India has launched PLI scheme for battery and the target was to produce 50 Gigawatt battery. We are very near to achieve this target and now if we see the waiting list we found that India is able to produce 108 Gigawat. I can say that India will not only able to to become self reliant in battery but will become exporter in the battery field,” Pandey said.
As part of its Atmanirbhar plan, the Government launched Production Linked Incentive (PLI) schemes in varied sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency on imports. (ANI)