Business
September 11, 2023
3 min

Successful electrification of urban transport hinges on comprehensive sectoral reforms - BusinessLine

The electrification of urban transport in India is crucial for the country's goal of achieving Net Zero carbon emissions by 2070. A senior government official has emphasized the need for comprehensive policy reforms to address issues such as financing and involving the private sector in operating transport services. The official highlights the importance of a new-age legislation that outlines sector reforms. The official also suggests adopting the Shenzhen model, which separates companies for charging infrastructure, e-bus ownership, and e-bus operation. This model can prevent balance sheets from becoming overly leveraged.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry