Green Bharat Summit: Nitin Gadkari Champions Hydrogen as the Fuel of the Future
Key Ideas
- Nitin Gadkari, Union Minister of Road Transport and Highways, advocates for the use of green hydrogen across various sectors in India including roads, railways, and shipping.
- Gadkari predicts that the Indian automobile industry will become the world's largest within five years, attributing Electric Vehicles as the primary growth drivers.
- Challenges in the manufacturing sector are highlighted, with a significant gap between the demand for EV buses and the industry's current production capacity.
- Mercedes Benz India emphasizes the necessity of decarbonization for achieving green mobility, citing the importance of a robust ecosystem for EV charging and addressing supply chain inefficiencies.
The Green Bharat Summit, held in India, featured discussions on the future of sustainable transportation and the role of hydrogen in achieving a cleaner environment. Nitin Gadkari, the Union Minister of Road Transport and Highways, expressed his support for green hydrogen as the fuel of the future. He announced plans to implement green hydrogen in various sectors such as roads, railways, and shipping, emphasizing its importance in reducing emissions and promoting environmental sustainability. Gadkari also shared his optimism regarding the Indian automobile industry, projecting it to become the largest globally in the next five years, with Electric Vehicles driving this growth trajectory.
However, challenges in the manufacturing sector were highlighted during the summit. Nitin Gadkari revealed that although there is an order ready for 1.5 lakh EV buses, the manufacturing industry in India currently has an annual capacity of only 50,000 buses. This significant gap between demand and supply poses a challenge to the widespread adoption of electric buses in the country.
Mercedes Benz India's Managing Director and CEO, Santosh Iyer, stressed the importance of decarbonization for achieving green mobility. He discussed the impact of demand-supply mismatches on EVs and the resulting effects on the supply chain. Iyer also emphasized the need for a robust ecosystem for EV charging to support the growing demand for electric vehicles in India. The company plans to launch two electric cars next year, with one scheduled for release in January, showcasing their commitment to sustainable transportation initiatives.
Topics
India
Electric Vehicles
Decarbonisation
Supply Chain
Manufacturing Industry
Green Mobility
Indian Automobile Industry
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