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This article shares information about the expected price parity of electric vehicles with petrol vehicles in India and the growth of the vehicle industry.
Nitin Gadkari, the Union Minister for Road Transport and Highways, announced on October 6, 2025, that electric vehicles (EVs) in India will soon match the prices of petrol-powered vehicles. He highlighted that India’s reliance on fossil fuels results in a significant economic burden and environmental concerns.
Gadkari mentioned during the 20th FICCI Higher Education Summit that the price of EVs is expected to be equal to that of petrol vehicles in the next four to six months. He also expressed the ambition to make India the leading vehicle manufacturer globally within five years.
The Indian vehicle industry has grown f