Mumbai, Aug. 14 -- Prime Minister Narendra Modi's assurance that both the internal combustion engine (ICE)-based automobiles, as well as electric vehicles (EV), can co-exist is indeed a very welcome statement, said Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM).

"This is completely in-line with SIAM's recommendations that all relevant technologies should co-exist in our journey towards sustainable mobility, and hence would call for a long-term roadmap for all futuristic technologies, which instils confidence to the industry to get going," he said.

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