India has the potential to be the second largest eVehicle Market by 2030, and all efforts must be focused towards making sustainable mobility a public good. NITI Aayog is in consultation with the stakeholders for achieving this aim.
This was disclosed by Mr. Anil Srivastava, DG, DMEO, and Adviser (Infrastructure Connectivity), NITI Aayog, Government of India, while addressing the CII Next-Gen e-Mobility Summit held in New Delhi.
Mr. Srivastava also emphasised that NITI Aayog is working on strategies to turn to the country’s advantage the disruptions that are taking place in the automobile industry with the advent of next-gen e-mobility.
Mr. Rattan Kapur, Summit Chairman & past Chairman, CII Haryana State Council, & CMD, Mark Exhaust Systems Ltd., said India’s transportation architecture should be based on a combination of fuel sources, instead of focusing just on electric vehicles, and this will lead to giving the much-needed relief to the country’s automobile manufacturers.
Speaking on the occasion, Dr. Abhay Firodia, Chairman, Force Motors Ltd., observed: “For the next-gen mobility to be a success there is a need to bring in cultural change along with technology, infrastructure and R&D upgradation. There is also a need for constructive collaboration between the regulators and the industry.”
Mr. Mahesh Babu, CEO, Mahindra Electric Mobility Ltd., emphasised that maximum penetration of e-mobility will be through fleets and last-mile connectivity, and all stakeholders should work together to make India the second largest e-vehicle market by 2030. Next-gen mobility is going to be about clean, connected and convenient solutions.
Mr. Saket Mehra, Partner – Advisory, Grant Thornton India LLP, made the theme introduction and said that the advent of the new mobility era of powertrain electrification, digital connectivity and software integration forged the auto industry to experience a capacity redesign to seize three new growth markets. It’s the right time for India’s automotive industry to display its resilience and capability on the global stage.
Mr. Jasmohan Singh, Chairman, CII Haryana State Council, said: “Disruptions are here and happening. We need to gear up to take on the emerging challenges and seize the opportunities embedded in the disruptions and transition.”
A CII-Grant Thornton Knowledge Report titled Future of Mobility was released at the summit.