Maruti Suzuki India (MSI) Chairman RC Bhargava has emphasized the need for a robust policy framework to accelerate the adoption of clean technologies and phase out petrol and diesel vehicles. Speaking to shareholders in the company’s annual report for 2023-24, Bhargava highlighted that a supportive policy environment is crucial for industrial growth and stability.

Bhargava stressed that such a framework would support the transition to eco-friendly vehicles, aligning with global trends toward sustainability. He also expressed optimism that the third term of Prime Minister Narendra Modi’s government will continue to focus on infrastructure development, fiscal prudence, inflation control, and manufacturing competitiveness. Additionally, he called for a supportive approach towards the private sector, which he believes is essential for driving innovation and growth.

As the automotive industry navigates a shift towards cleaner technologies, MSI’s call for a clear policy direction underscores the importance of governmental support in achieving long-term environmental and economic goals.