Venkaiah Naidu, the vice-president of India, was in Noida on Saturday to inaugurate the 13th edition of ELECRAMA 2018. He was accompanied by Union minister of commerce and industry Suresh Prabhu and the state cabinet minister for industrial development Satish Mahana. The meet stayed focused on more adoption of EV’s.
Vice-president is urging the industry to adopt digital technology. He further stated,
“The Indian electrical equipment industry consists of generation, transmission, distribution and allied equipment. Energy storage technology is needed to not only create a more resilient infrastructure but also to bring down costs. Electric and hybrid electric vehicles will drive the automobile industry in the coming years. The government had already unveiled the National Electric Mobility Mission Plan and set a target of 6-7 million units of electric and hybrid electric vehicles by 2020”
Over 1200 exhibitors, including 300 companies from 120-odd countries participated in the five day program organised by the Indian Electrical and Electronics Manufacturers’ Association at the India Exposition Centre and Mart in Greater Noida.
Naidu’s concern about global warming and climate change has brought a new wave of energy efficient solutions. He has proposed an open invite for innovative solutions harnessing solar power. He is urging industries to promote sustainable development. Stating further he said that with India ranking second in the renewable energy attractive index 2017, the sector was bound to play a major role in the years ahead. Venkaiah also added,
“Any new policy has to factor in the need to protect the environment and ensure sustainable development”
The vice-president also stressed that the industry must align itself with the government’s vision of LPG — liberalisation, privatisation, globalisation — and brace for the global markets.
Source: Times of India