India's Electric Vehicle Roadmap & Investment Opportunities
Here is a press release from the Consulate General of India, Chicago
The Consulate General of India, Chicago in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI) organized a virtual event on "India's Electric Vehicle Roadmap & Investment Opportunities" on August 18, 2021.
Consul General Amit Kumar in his inaugural remarks mentioned about India exceeding its Paris Treaty commitments and its readiness to do more to combat Climate Change. The push on electric vehicles is a key component of our ambitious framework to reduce the footprint of carbon emissions in our economy. He referred to the incentives covering manufacturing of electric vehicles, charging infrastructure and battery technologies, and to the potential collaboration opportunities between Indian companies and those from the US Midwest.
The US Midwest region, particularly Michigan, which was the hub of US automotive industry, is making significant investments in the EVs domain. In addition to Michigan, Illinois and Indiana are also undertaking significant policy measures in this regard.
The webinar was opened by Mr. Manish Singhal, Deputy Secretary General of FICCI. It featured several eminent panelists, who had worked on electric vehicle polices and industry related issues. The panelists were Mr. Sudhendu J. Sinha, Advisor, (Infrastructure Connectivity – Transport and Electric Mobility), NITI Aayog, Government of India who briefed in detail about the Indian scenario and priorities, Mr. Pavan Muzumdar, Chief Operating Officer, Automation Alley, Ms. Margaret O’Riley, Vice President - Business Development, Electrada - an EV Start up, and Prof. Satish Udpa, Council Member, Michigan Council on Future Mobility & Electrification. Mr. Ajit Pant, President, US India Chamber of Commerce for Midwest region delivered the concluding remarks.
The webinar was very useful and witnessed sharing of key insights on developing models for charging infrastructure, incentivizing both manufacturing of electric vehicles and influencing consumer behavior, ongoing research in battery technology, need for training & re-skilling of existing automotive workers, and the ongoing India US collaboration in this area.
The event was supported by Automation Alley, India-US Chamber of Commerce of Mid-West region and US India SME Council.