India aiming for all-electric car fleet by 2030, petrol and diesel to be tanked

India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles. Power minister Piyush Goyal has said that the government and NITI Aayog are working on a policy for promotion of electric vehicles.

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India is looking to have all-electric car fleet by 2030. Idea is to no petrol or diesel car is sold in the countryMinistry of Heavy Industries and the NITI Aayog are working on a policy for promotion of electric vehicles

NEW DELHI: India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles.

"We are going to introduce electric vehicles in a very big way. We are going to make electric vehicles self- sufficient like UJALA. The idea is that by 2030, not a single petrol or diesel car should be sold in the country," Power minister Piyush Goyal said while addressing the CII Annual Session 2017.

Goyal is of the view that initially the government can handhold the electric vehicle industry for 2-3 years to help it stabilise.

Citing the example of Maruti, which has logged over 30 per cent profit this time, he explained that the government had supported India's largest car maker initially, which eventually led to development of the big automotive industry in the country.