Fortune India Magazine - July 2018

In this issue

THE GREEN ISSUE: Rising pollution levels in Indian major cities clearly indicates that electric vehicles (EVs) are the next big opportunity in auto sector. The government is pushing auto industry to go electric and ministers have even set a time target of 2030 by which India should ideally not see any petrol or diesel car being sold. Anand Mahindra known to be a risk taker is leading the electric vehicles play in India. But as the market grows, can M&M maintain pole position? These are early days, and there’s no real infrastructure or policy framework in place yet for EVs. But Mahindra knows EVs will play a large part in future of mobility and is therefore readying for battle. However, at least one large competitor, a newly- energized Tata Motors, is also much in fray and has won a large ESSL order. Other that M&M there are other exciting green stories. We also bring you the fascinating Fortune story on the collapse of one of the world’s most admired conglomerates, General Electric. That meltdown has lessons for many large corporations around the world, including India. The question is whether those questions are being driven home.