- DUNS: 862413317
- A government recognized star export house.
- +91 932 193 1704
- jolly@jollyclamps.com
A Motorsports Exhaust System’s Best Friend: The V-Band Clamp
March 29, 2024
Launching the Semiconductor Industry in India
April 8, 2024
During an interview with Press Trust of India, Nitin Gadkari this week, the Union Minister for Road Transport and Highways, emphatically declared to transform India into a green economy to promote environmentally friendly mobility by completely eliminating both the petrol and diesel engine vehicles. However, the minister declined to indicate a definite timeline and milestone for attaining such an ambitious target; though he appeared confident about the wave of changes that are expected to happen over the next five to seven years.
This idea stemmed from the fact that India spent close to US$17.00 billion on Crude Oil imports last year as a result of which, it is incumbent to develop alternate fuel for sustainability and self-reliance towards our avowed goal of AtmaNirbhar Bharat by promoting the use of biofuels to allow India to end its dependence on crude oil imports.
The Union Minister further proposed a reduction of GST on hybrid vehicles to five per cent and flex engines to 12 per cent, an initiative which is currently under active consideration by the Finance Ministry to give a fillip to the production and use of such vehicles.
Reacting to the statement of the Minister, environmental activists welcomed the increasing initiative to develop green mobility in India.
