Minister of Road Transport and Highways, Nitin Gadkari said on Friday (25 March) that India can deploy a recently unearthed reserve of lithium in J&K (Jammu and Kashmir) to become the world’s number one EV manufacturer.
Speaking at an event organised by CII, Gadkari highlighted the need to encourage public transport and further added that electric buses are the future, PTI reported.
It is pertinent to note that Lithium is a key element in manufacturing batteries that power electric vehicles (EVs). Of late, about 5.9 Mn tonnes of lithium reserve was unearthed in J&K by the Geological Survey of India (GSI).
“Lithium falls in the critical resource category, which was not earlier available in India and we were dependent on its 100% import. The G3 (advanced) study of the GSI shows the presence of best quality lithium in abundant quantity in the foothills of Mata Vaishno Devi shrine at Salal village (Reasi),” said Amit Sharma, J&K mining secretary.
During the event, Gadkari shared that the Indian automobile industry is currently worth INR 7.5 Cr and is contributing a significant share to the overall GST revenue.
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