STATES MAKE A SHIFT TOWARDS E-MOBILITY

India's states are aggressively pursuing the country's strategic shift towards electric mobility and playing a key role in reducing its dependence on import of crude oil by offering competitive incentives for vehicle buyers and manufacturers.

- NIVEDITA MUKHERJEE

Several states like Delhi, Haryana, Maharashtra, Uttar Pradesh, Tamil Nadu, Andhra Pradesh and Telangana are implementing policies for promoting electric mobility, according to ASSOCHAM-NRI Consulting & Solutions joint report.

According to the report, with a staggering 87 per cent of oil being imported and an import bill of approximately USD 158.4 billion keeping the exchequer stretched, in FY $23, the transportation sector alone consumes 40 per cent of this imported oil. "The current geo-political situation in different parts of the world only makes a stronger case for India to speed up our electric mobility," says ASSOCHAM Secretary General Deepak Sood. While the Centre is vigorously promoting adoption of electric vehicles to accelerate the transition to green mobility and achieve India's net-zero target by 2070, different states are following pro-active roles for EV promotion. "The state EV policies are largely aligned with central policies targeting demand inside incentives and infrastructure improvements for EV adoption," the ASSOCHAM- NRI Consulting & Solutions report pointed out.