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Viksit Bharat Under Transport Electric Mobility

Author : Arya Helchel, Vruddhi Mehta, Megha Bassi, Bidisha Mukherjee Journa Name: International Journal for Novel Research in Economics, Finance and Management Volume: 4 issue: 2 Year: Volume-4-issue-2 Views : 10
Abstract:
Deep, coordinated reforms in the areas of energy, industry, cities, 6 and government are required by India\'s Viksit Bharat 2047 aim. According to this analysis, if policy, funding, and infrastructure all work together, electric mobility can be a potent, all-encompassing tool that creates new industrial jobs, cleaner air, reduced greenhouse gas emissions, and increased energy security. Based on government plans (NEMMP; FAME I & II; PM-E-Bus Sewa; PLI for Advanced Chemistry Cells), major institutional reports (IEA; NITI Aayog; CEEW; WRI; TERI; World Bank), lifecycle and grid studies, and evidence at the state level, the paper summarizes findings on emissions savings, total cost of ownership, depot and charging needs, battery supply-chain risks, and institutional capacity gaps. Research indicates that electrifying high-use vehicles, such as buses and three-wheelers, results in the greatest reductions in emissions and improvements in air quality per rupee spent; those electrifying depots and coordinating with DISCOMs is necessary for dependable bus operations; and that increasing domestic battery capacity is essential to reducing reliance on imports and generating green manufacturing jobs. High upfront costs for fleets and STUs, metro-concentrated charger networks, geopolitical dangers surrounding vital minerals, and inadequate coordination between ministries and utilities are still major challenges. The analysis concluded that if electric mobility isViksit Bharat, it needs be integrated into a long-term, 2047-aligned roadmap that integrates battery circularity, innovative finance, renewable energy growth, and STU capacity building.

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