Chinese cos haven't invested in India's highway projs in recent times: Gadkari
However, he did not elaborate on the issue.
To another question on US-based electric car major Tesla's demand of reduction in import duties on electric vehicles (EVs) in India, Gadkari said, ''The decision on giving any tax concession to Tesla will be taken by the finance ministry.'' In a letter to the road ministry, the US firm had stated that the effective import tariff of 110 percent on vehicles with customs value above USD 40,000 is ''prohibitive'' to zero-emission vehicles.
It has requested the government to standardize the tariff on electric cars to 40 percent irrespective of the customs value, and withdraw the social welfare surcharge of 10 percent on electric cars.
Gadkari said that the government is looking for prospects about green hydrogen as a potential transport fuel.
''To make 'India of the future, we will have to increase our exports and reduce imports,'' he asserted.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)