India potential to be the second largest e-Vehicle Market by 2030: NITI Aayog

NEW DELHI: India has the potential to be the second largest eVehicle Market by 2030,? said Anil Srivastava, DG, DMEO & Adviser (Infrastructure Connectivity), NITI Aayog, while addressing the CII Next-Gen e-Mobility Summit today at New Delhi.nnHe said under Next-Gen Mobility, our efforts must be focused towards making sustainable mobility a public good and NITI Aayog is in consultation with the stakeholders for achieving this aim.nnSrivastava 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.nnRattan Kapur, Summit Chairman & Past Chairman, CII Haryana State Council & CMD, Mark Exhaust Systems Ltd mentioned that 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 much-needed relief to the country?s automobile manufacturers.nnSpeaking on the occasion, Dr Abhay Firodia, Chairman, Force Motors Ltd, said, ?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 up-gradation. There is also a need for constructive collaboration between regulators and industry.?nnMahesh Babu, CEO, Mahindra Electric Mobility Ltd, emphasised that maximum penetration of e-mobility will be through fleets, last mile connectivity, and all stakeholders should work together to make India the 2nd largest e-vehicle market by the year 2030. He also said that next gen mobility is going to be about clean, connected and convenient solutions.nnMr Saket Mehra, Partner ? Advisory, Grant Thornton India LLP made the theme introduction and said that the advent of 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. He added that it?s the right time for India?s automotive industry to display its resilience and capability on the global stage.nnJasmohan 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.?nnA CII-Grant Thornton Knowledge Report titled Future of Mobility was released during the summit.