With rapidly evolving technologies and business models, there is need to adopt new and fundamentally different pathways to provide clean, cost-effective, and efficient mobility services” said Arvind Panagariya the former Vice Chairman of NITI Aayog in a 2017 report titled India Leaps Ahead: Transformative mobility solutions for all.
Panagriya’s statement above touches on two intriguing themes, evolving business models and adopting new pathways to provide clean mobility. The statement assumes greater importance in the wake of India’s clean energy movement, supported by the government’s target of achieving 175 GW of renewable energy (1 00 GW of this from solar sources) by 2022 and ending dependence on fossil-fuel driven passenger transport by 2030.
The multipronged effort indicates a promising future for the urban centres, however, the convergence of solar energy and electric vehicles may have the potential to have an even deeper impact on the development of rural geographies. Read More
Latest posts by The Economic Times (see all)
- View: Chabahar Port, India’s tit-for-tat for US’ rat-a-tat - November 17, 2018
- India’s top gas utility is said to mull buying IL&FS wind assets - November 16, 2018
- Coal prices soar as CIL reduces e-auction offers - November 16, 2018