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Booz & Company to chart roadmap for promoting electric vehicles in India

In a major announcement for the EV community in March this year, presenting the General Budget 2011-12, Shri Pranab Mukherjee, Finance Minister informed that to provide green and clean transportation for the masses, a National Mission for Hybrid and Electric Vehicles will be launched in collaboration with all stakeholders.

According to reports, leading global consultancy firm Booz & Company has been roped in to chart out a roadmap for promoting electric vehicles in India as part of a joint initiative by the Department of Heavy Industry and industry body SIAM under the national mission for electric mobility.

The firm will submit a report based on a study conducted across India that will seek opinions from various stakeholders, including companies and about 7,000 people, by September.

“The idea behind the study is to find what are the issues that need to be tackled in order to promote electric vehicles in the country,” Society of Indian Automobile Manufacturers (SIAM) Senior Director Sugato Sen told PTI.

Booz & Company will help find answers to what could be the best option for India to promote electric vehicles, what sort of policy intervention would be required and what further incentives should be given, he added.

Sen said the report will be made public at the annual convention of SIAM, to be held on September 7.

“Already work on the study is on for the past one-and-a-half months. This also involves taking the opinion of various related ministries, such as the Ministry of Environment and Forests (and) Ministry of New and Renewable Energy ,” he added.

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