Power generation will be driven by renewable energy by 2050. What is your view on the strategic transformation that is taking place both in the world of energy and mobility?
Let me give you an Indian perspective because automobile and auto components play a very critical part in India’s manufacturing. They play a very critical role in job creation.
The segment contributes almost 7.2 per cent of India’s GDP. So, it is very important to first understand that as we move from combustion vehicles to Electric Vehicles, we need to ensure that this shift has long-term predictability and consistency in policy.
We are a centre for compact car manufacturing and we create over 35 lakh jobs from this sector. We need to ensure that this manufacturing and these jobs do not get impacted in any manner in that shift. It is important to understand that it is going to be a gradual shift over a period of time. Read More
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