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Business Economy


India needs to reduce its dependence on import of oil: Gadkari

India needs to reduce its dependence on import of oil: Gadkari

New Delhi, July 12 (UNI) Road Transport and Highways Minister Nitin Gadkari on Friday said the country needs to reduce its dependence on import of oil and advocated for use of ethanol to make environment pollution free.

"We need import substitute. Ethanol is available in the country and is commercially successful. There is a need to diversify energy," said the Minister here at the launch of country's first TVS Motor Company ethanol based bike TVS Apache RTR 200 Fi E100.

"The Government is giving lot of priority to the use of alternative fuel such as Bio CNG, LNG, electric vehicles, use of Butane," he added.

"Today's launch is the breakthrough in the two-wheeler space that will set the trend for a green future in India,' he said and congratulated TVS Motor company chairman Venu Srinivasan and his son Sudarshan for this environment-friendly initiative.

"Delighted to join Minister at the launch of India’s first Ethanol based Motorcycle- TVS Apache RTR 200. This is a green & sustainable technological breakthrough in the 2W segment. Will reduce dependence on petrol," said NITI Aayog CEO Amitabh Kant at the launch and congratulated TVS Motor Company for this innovation.

UNI DJK SB 1707

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