Tuesday, 02 January 2024 12:17 GMT

India To Export Evs To 100 Countries: PM Modi


(MENAFN- KNN India) New Delhi, Aug 25 (KNN) Speaking at the ET World Leaders Forum 2025 on Saturday, Prime Minister Modi announced that India is poised to achieve a significant milestone by exporting electric vehicles (EVs) to 100 countries.

Highlighting the importance of research as a foundation of national progress, Modi said that while imported research might suffice for survival, it cannot meet India's long-term aspirations.

He stressed the need for urgency, focus, and government-backed initiatives in advancing domestic research and innovation.

Reflecting on the transformation of India's automobile sector, the Prime Minister noted that exports had grown from around Rs 50,000 crore in 2014 to Rs 1.2 lakh crore annually.

He pointed out that India has moved beyond exporting cars to also supplying metro coaches, rail coaches, and locomotives.

“India is now going to export electric vehicles to 100 countries of the world. A very big programme related to this will be held on August 26,” he said.

(KNN Bureau)

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