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Gadkari, Auto News, ET Auto

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Union Minister Nitin Gadkari

New Delhi:

Union Minister Nitin Gadkari said on Monday that he would issue an ordinance within the next two or three days to force automakers to introduce flex-fuel engines in vehicles.

Addressing an event, Gadkari said, India imports petroleum products worth 8 lakh crore every year, and if the country continues to depend on fossil fuels, then its import bill will rise to Rs 25 lakh over the next five years.

“To reduce imports of fossil fuels, I will sign a dossier in the next 2-3 days, in which automakers will be asked to manufacture vehicles with flex-fuel engines (which can run on more than one fuel)”, the road said the Minister of Transport and Roads.

Flexible fuel, or flexible fuel, is an alternative fuel made from a combination of gasoline and methanol or ethanol.

Gadkari said senior officials from Toyota Motor Corporation, Suzuki and Hyundai Motor India have assured him that they will introduce flexible motors in their vehicles.

He also said that India is the fastest growing economy in the world. Gadkari noted that politics is an instrument of socio-economic reform.

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“If you had the choice between an expensive, polluting fossil fuel vehicle and a low-maintenance, zero-emission electric vehicle, which one would you choose? He asked when an ICC member asked if MoRTH is phasing out internal combustion engine (IC) vehicles. “We’re not stopping anything. We only encourage green vehicles and green fuels in order to fulfill our commitment at COP26, in Glasgow this year, ”he added.

“The current automotive sector turnover in the country is Rs 7.5 lakh crore, of which Rs 3 crore is exported. My goal is to make the automotive industry volume of Rs 15 lakh crore over the next five years, “Gadkari said at the inauguration of the government-approved demolition of Maruti Suzuki and Toyota Tsusho Group in Greater Noida.