Business Standard

Need for subsidy to come down as manufacturing gains scale: Nitin Gadkari

In the backdrop of Elon Musk-owned Tesla stepping up its India engagement, Gadkari said he was hopeful of Tesla entering the country

Nitin Gadkari
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Union Minister for Road Transport and Highways Nitin Gadkari speaks at the Business Standard EV Dialogues in New Delhi | BS Photo

BS Reporters New Delhi
At a time when incentive schemes for the electric vehicle (EV) sector have come under the spotlight, Union Minister for Road Transport and Highways Nitin Gadkari is open to a rethink on subsidies.

“Once manufacturing has gained scale, my opinion is that we do not need a subsidy. But still, the government is supporting the sector…. After that, it is for the finance ministry to take a decision on the matter,” Gadkari said during a fireside chat at the Business Standard EV Dialogues in New Delhi late on Tuesday. However, while responding to a question on the merit of subsidies

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