NITI Aayog and WRI: Launch forum for the decarbonizing transport sector

Recently, NITI Aayog Indian government’s think tank, with World Resources Institute (WRI), introduced the forum for Decarbonising Transport and Automobile sector in India.

The forum launched aims to design a platform for uniform policies and aid in reducing carbon emissions from the transport sector. Also, it will promote electric vehicles in the country.

According to the official government statement by NITI Aayog, through this platform, the WRI, the NITI Aayog, and the other project partners will work in coordination with all the stakeholders. The aim is to formulate strategies and develop a business model to promote electric mobility.

India is presently engaged in building a domestic renewable automobile industry. The aim is to Become World’s Largest Electric Automobile manufacturing and supplying unit.

Recently, Union Road Transport and Highways Minister Nitin Gadkari emphasized that battery electric vehicles and fuel-cell vehicle technologies will rule the country by 2050.

The Chief Executive Officer (CEO) of NITI Aayog, Amitabh Kant, termed the forum an important milestone for the electric automobile ecosystem in the country. Kant focused that through collaboration, coordination, and convergence, we should obtain clean mobility.

Amit Bhat, the executive director of the Integrated Transport Division, of WRI, elaborated on the need for a stakeholder forum in order to decarbonize automobiles. Thus, the forum will help in bringing diverse voices and adapting to an integrated approach for greening the automobile sector.

The launched forum is a part of the Nationally Determined Contribution- Transport Initiative of Asia (NDC-TIA) project. The project aims in developing effective strategies and formation of a multistakeholder platform. Which will ensure decarbonizing transport in the given region.

The program is a joint collaboration of seven organizations. The forum will engage with countries like China, Vietnam, and India. And will promote a comprehensive approach to decarbonize transport in each of the respective regions.

Interestingly, the project is a part of the International Climate Initiative. The CEO of NITI Aayog, Amitabh Kant inaugurated the forum virtually.

A lot of important people like dignitaries from various ministers and NDC-TIA project partners were present at the launch event. Also, the stakeholders from the mobility and launch sector were present during the launch.

Last year the Indian Government had launched out production-linked incentive (PLI) scheme for various industries. It also included an outlay of over 57,000 crores for the automobile and auto-component sector. The stipulated time was over a period of five years.

Furthermore, the government approved 18,000 crores for battery cell storage and manufacturing.

Gadkari stated these incentives furthermore aim to develop and promote Electric Vehicles (EVs) in India.

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