Modi says Economy at move at GMS; Speaks of Electric Vehicle Policy and 7Cs for mobility

Last Updated: Fri, Sep 07, 2018 16:44 hrs
Narendra Modi at MOVE

New Delhi: Prime Minister Narendra Modi while speaking at the Global Mobility Summit on Friday, said that the country was on the MOVE. The This, in line with the theme of an event organized by Niti Aayog.

Our economy is on the MOVE... Our cities and towns are on the MOVE... Our reforms are on the MOVE.... Our youth are on the MOVE... Our lives are on the MOVE... India is moving ahead with purpose, a PIB tweet quoted Modi as saying.

The PM said:

"Our economy is on the Move. We are the world’s fastest growing major economy."

"Our cities and towns are on the Move. We are building one hundred smart cities."

"Our infrastructure is on the Move. We are building roads, airports, rail lines and ports at a quick pace."

"Our goods are on the Move. The Goods and Services Tax has helped us rationalize supply chains and warehouse networks."

"Our reforms are on the Move. We have made India an easier place to do business."

"Our lives are on the Move. Families are getting homes, toilets, smoke-free LPG cylinders, bank accounts and loans."

"Our youth are on the Move. We are fast emerging as the start-up hub of the world. India is moving ahead with new energy, urgency and purpose"

Here is the video of the Prime Minister at the Global Mobility Summit.

Electric Vehicle and a Policy

The PM while speaking at the Global Mobility Summit elaborated upon several ideas and themes linked to electric vehicle. He sought getting investments in the sector of manufacturing of electric vehicles and increased use of public transport for travel with an emphasis upon the idea of a mobility road map.

PM Modi added that clean mobility powered by clean energy was the most powerful weapon to flight climate change.

The 7 C's for Mobility

The Prime Minister envisions the idea of 7 Cs as the future of mobility in India. He said, "My vision for the future of mobility in India is based on 7 Cs: common, connected, convenient, congestion-free, charged, clean, cutting-edge," he said.

The following is an elaboration made by the Prime Minister.

1. Common:Public Transport must be the cornerstone of our mobility initiatives. New business models driven by digitization, are re-inventing the current paradigm. Big Data is enabling smarter decision-making by better understanding our patterns and needs.

Our focus must also go beyond cars, to other vehicles such as scooters and rickshaws. Large segments of the developing world depend on these vehicles for mobility.

2. Connected mobility implies integration of geographies as well as modes of transport. The internet-enabled Connected Sharing Economy is emerging as the fulcrum of mobility.

We must leverage the full potential for vehicle pooling and other innovative technical solutions to improve private vehicle utilization. People from villages should be able to bring their produce to the cities with ease and efficiency.

3. Convenient mobility means safe, affordable and accessible for all sections of the society. This includes the elderly, the women and the specially abled. We need to ensure that public transport is preferred to private modes of travel.

4. Congestion free mobility is critical to check the economic and environment costs of congestion. Hence, there should be emphasis on ending bottlenecks of networks. This would result in fewer traffic jams and lower levels of stress for people travelling. It would also lead to greater efficiency in logistics and freight.

5. Charged mobility is the way forward. We want to drive investments across the value chain from batteries to smart charging to Electric Vehicle manufacturing. India’s business leaders and manufacturers are now poised to develop and deploy break-through battery technology.

The India Space Research Organization uses one of the best battery systems to run satellites in space. Other institutions can partner with ISRO to develop cost effective and efficient battery systems for electric cars. We want to build India as a driver in Electric Vehicles.

We will soon put in place a stable policy-regime around electric and other alternative fuel vehicles. Policies will be designed as a win-win for all, and enable huge opportunities in the automotive sector.

Also read: SIAM seeks EV Policy and lower taxation.

6. Clean Mobility powered by Clean Energy is our most powerful weapon in our fight against Climate Change! This means a pollution-free clean drive, leading to clean air and better living standards for our people.

We should champion the idea of ‘clean kilometres’. This could be achieved through bio-fuels electric or solar charging. Electric Vehicles in particular can complement our investments in renewable energy.

We will do whatever it takes, because this is our commitment to our heritage, and our promise to future generations.

7. Cutting-edge: Mobility is like the Internet in its early days. It is Cutting-edge. It is the next big innovation sector. The ‘Move Hack’ and ‘Pitch to Move’ events organized over the past week show how young minds are coming up with creative solutions.

Entrepreneurs should see mobility as a sector with immense opportunity for innovation and growth. It is a sector where innovation can help solve problems for public good.