PLUS - Despite global rethink, Indian policymakers push ahead with EV roadmap
Even as EV adoption slows in advanced economies, Indian policymakers are unwilling to ease the pace of transition, fuelled by the need for greater energy security, more jobs and less pollution.
At a time when several advanced economies are reassessing their energy transition targets, policymakers in India have loudly reaffirmed their commitment to the country's fuel diversification roadmap.
With an emphasis on local manufacturing in emerging energy technologies, they believe that this strategy will help the country attain energy security, generate jobs, and reduce pollution in major cities.
The government's resolve was on display at the annual conferences organised by auto industry associations, such as the Society of Indian Automobile Manufacturers (SIAM), Automotive Component Manufacturers Association (ACMA), and Federation of Automobile Dealers Association (FADA), in September in New Delhi.
RELATED ARTICLES
The De-Risking Playbook: Inside Gestamp’s Aggressive OEM Diversification in India
The Spanish tier-one opens a Rs 523.7-crore facility in Gujarat, seeking to insulate itself from customer concentration ...
Built for 30,000, Running at 6,000: Godrej's New Forklift Plant is Waiting for India to Catch Up
The 63-year-old business has moved almost all production to a new plant and is already engineering sodium-ion batteries ...
KNR Hands Over a Transformed TVS Motor. What Next for Kargar?
The incoming CEO inherits a stronger global business, growing positions in premium motorcycles and EVs, and the task of ...


17 Sep 2024
Shahkar Abidi

Autocar Professional Bureau