Turning India into a green mobility hub

While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities

Through Budget 2023, the government has given a clear direction to a zero-carbon strategy for the economy. It has also been consistent in its push towards green mobility over the last few years. A significant change is already underway in the auto industry’s energy mix with environment-friendly fuels like CNG, ethanol, electric and hydrogen coming to the fore.

India is the world’s third-largest auto manufacturing hub after the US and China. It contributes significantly to India’s GDP, foreign exchange earnings and employment. With the PLI scheme for the auto industry focussed on green technology already rolled out, the stage is