India Action Plan decided at 2nd Meeting of Hybrid & EV Expert Network

India Action Plan decided at 2nd Meeting of Hybrid & EV Expert Network

20th Sept  2018 | New Delhi                   

 

PRESS RELEASE from WORLD AUTO FORUM

 

EV Makers, Auto OEM’s, Dealer Principals, Industry veterans, IP Firms, IT Companies and above all EV Innovators come together for HEVEN – Hybrid & EV Expert Network by World Auto Forum

 

The second meeting of HEVEN  – Hybrid & EV Expert Network by World Auto Forum was held recently at New Delhi. It was well attended by MD’s & CEO’s of EV Makers, functional Heads from Auto OEM’s, Auto Dealer Principals, Industry veterans, IP Firms, IT Companies and above all EV Innovators!

Organised by World Auto Forum, an organization that connects Auto industry across 125 countries.

Anuj Guglani, CEO, World Auto Forum gave the welcome Keynote and moderated all three HEVEN Expert Panels. He shared the importance of reducing dependency on Fossil Fuels for Electricity Generation & managing end to end battery Lifecycle. He spoke of a low Carbon Society, where each company gets a green rating based on their carbon footprint. The Company’s Consumers earn redeemable green credits on buying the company’s products or availing its services based on the company’s green rating. He mentioned that a Low Carbon world is tech and fuel agnostic. The EV’s, BS6, Fuel Cell EV, Plug in hybrids EV all being means to the end. Continue reading “India Action Plan decided at 2nd Meeting of Hybrid & EV Expert Network”

Indian Automobile Industry Poised to take the World stage

Indian Automobile Industry Poised to take the World stage

Indian Automobile Industry Poised to take the World stage

front page ET Saturday September 1, 2018 carries the Headline “ With 8.2% Growth, Economy begins FY19 on a High Note”. Positive news indeed which should bring cheer to all. A more detailed probing of the news reveals that the Indian Economy grew at its fastest in 2 years and was propelled by double digit growth in manufacturing at 13.5%. From a 7.7% GDP in FY-16 Q1 to 8.2%in FY-19 Q1 this is a sign that all longed for namely “ Acche Din round the Corner”. It is heartening that India’s growth for the quarter is well above that of China and seems we are maintaining our status as the World’s Fastest Growing Economy.

Given the above I am compelled to go on a nostalgic trip down memory lane and bring out some statistics of how modestly we started and are now as front runners:

1897- The first car that plied on Indian roads.

1901-The first Indian to own a car in 1901 was Jamshedji Tata.

1930’s- India was an Importer

1940’s India started manufacturing

1942, Hindustan Motors manufactured the first automobile in India before independence.

1952-The automobile sector formally came into being when the Government appointed its first tariff commission with the aim of indigenizing this industry. Introduction of passenger cars in the country

1950’s to 1960’s saw trade restrictions which hampered the growth of the Automobile Industry.

Continue reading “Indian Automobile Industry Poised to take the World stage”