IT TAKES less than a keen eye to notice that we are in the midst of a critical transition with regard to mobility in India. The more-than noticeable shift from internal combustion engines powering our vehicles to electric mobility is a cornerstone that, for a multitude of reasons, we must turn. As early adopters and firm believers to that line of thinking, we are gearing our selves up for what will surely be an exciting future ahead. That said, it’s not as simple a matter as ‘Plug and Play’. As with any good structure, a solid foundation needs to be in place and, in this case, that foundation is building up an appropriate infrastructure and ecosystem to support the electric revolution.
To its credit, the Indian government has already stepped in and played its part to a great extent. We’ve made a commitment to becoming a net-zero emission country by 2070, and laid out ambitious-yet achievable plans of having EV sales penetration of 30 per cent for private cars, 70 per cent for commercial vehicles, 40 per cent for buses, and 80 per cent for two- and three-wheelers, all by 2030. These are important numbers that show we mean business, and the government’s revised FAME II subsidies and state EV policies have so far proven to be quite conducive to EV adoption. So while the signs are good, it’s not the complete picture. There are still a number of glaring roadblocks for India to overcome.
Diese Geschichte stammt aus der February 20, 2022-Ausgabe von Business Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 20, 2022-Ausgabe von Business Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky