Pune has potential to become automobile manufacturing: Nitin Gadkari

New Delhi, May 7 (KNN) Union Minister for Transport and Highways 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.

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”. (KNN Bureau)