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Nitin Gadkari Praised role of Pune City in India’s Automobile Industry

"Pune should be made an automobile-manufacturing hub as it has a lot of potential in the field, Mr Nitin Gadkari said and he also promised to take up the issue of early completion of the airport at Purandar in the Pune district.

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Union Minister for Transport and Highways Mr Nitin Gadkari during an event said, Pune should be made an automobile-manufacturing hub as it has a lot of potential in the field. He also promised to take up the issue of early completion of the airport at Purandar in the Pune district.

Mr Gadkari was inspecting a selection of start-up products related to transport and commuting at a special interactive function. Gadkari also carried out a virtual inauguration of Green Joules – a Start-Up under STP (Pune) for converting agro-industrial waste into useable diesel fuel.

Gadkari said, “The size of the automobile industry in the country is around 7.5 lakh crore. Of these, 3.5 lakh crore vehicles are exported. In the next five years, we expect the size of the industry to jump to 15 lakh crore.

The sector provides four crore jobs. In five years, another five crore jobs will be added. The automobile industry will thus become the first sector to provide such a huge number of jobs, added the Minister.

The Union minister said GST revenue fr0m the automobile sector is the highest. “The Rs 50,000-crore turnover comes fr0m ancillary units in the automobile sector. Pune has the best environment for becoming an automobile hub as major manufacturing units are located here”.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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