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Transforming India’s Road Transport Sector: Vision 2029

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Transforming India's Road Transport Sector: Vision 2029

Reinventing India’s Automobile Industry

India’s Road Transport and Highways Minister, Nitin Gadkari, recently stated that by 2029, India will emerge as the world’s leading automobile manufacturing hub and the third-largest economy globally. This ambitious projection underscores the government’s commitment to not only building a world-class road network but also transitioning towards alternative fuels to reduce the nation’s logistical expenses.

Pioneering Self-Reliance in the Automotive Sector

Speaking on the capacity of the automotive industry, Gadkari emphasized that India boasts not only all the necessary infrastructure but also major manufacturers within the country. This sector is poised to become a cornerstone of the Indian economy, fostering self-reliance and positioning India as a global leader in automotive manufacturing.

Elevating Infrastructure Standards

Gadkari highlighted the imperative to enhance the quality of Indian roads while simultaneously transitioning to alternative fuels to bring down logistical costs to single digits. Additionally, he projected that by the end of 2024, India’s national highway network would rival that of the United States.

Revolutionary Infrastructure Initiatives

Discussing ongoing infrastructure projects, Gadkari revealed plans for the construction of 36 expressways. These expressways aim to significantly reduce travel time between key cities, with journeys from Delhi to Dehradun and Delhi to Jaipur expected to take only two hours each. Moreover, the travel time between Delhi and Mumbai is anticipated to decrease to 12 hours, while the journey from Chennai to Bangalore will be reduced to just two hours. Notably, the distance between Delhi and Chennai is set to decrease by 320 kilometers. Gadkari affirmed that the National Highways Authority of India possesses AAA ratings and is well-equipped financially to execute these projects seamlessly.

Collaboration for Sustainable Development

Gadkari also disclosed a collaborative effort between the government and the Indian Oil Corporation on a project in Panipat. This project aims to produce 100,000 liters of ethanol, 150 tons of bio-bitumen, and 76,000 tons of bio-aviation fuel daily, utilizing rice husks.

Driving Economic Growth Through Innovation

According to Gadkari, transitioning to alternative fuels and improving road infrastructure will reduce our logistical expenses to single digits by the end of 2024. This reduction is anticipated to at least double our exports, a pivotal aspect for India’s economic growth trajectory.

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