JANUARY 20258TATA MOTORS CONTINUES TO INVEST 2,000 CR FOR SUSTAINABLE MOBILITYINDIA'S ENGINEERING EXPORTS POISED TO CROSS $250 BILLIONTata Motors will continue to invest around Rs 2,000 crore annually on the development of new commercial vehicles and capital equipment as the company works on a gamut of technologies to drive towards sustainable mobility, according to its Executive Director Girish Wagh. The company's commercial vehicle (CV) division is working on a variety of technologies ranging from alternate fuel to zero emission battery electric, fuel cell electric and hydrogen ICE.India is set to achieve an ambitious $1 trillion export target by 2030, with the engineering sector contributing a substantial $250 billion, according to Commerce Secretary Sunil Barthwal. Speaking at a conference of construction equipment manufacturers TOP STORIESon Sunday, Barthwal highlighted the sector's pivotal role in India's export landscape."India is known for leather, textile, and traditional sectors, but the engineering sector in India, which includes automobiles, equipment, etc., is almost close to 25 percent of the total exports. Tomorrow when India is looking at $1 trillion of exports, $250 billion of exports we are expecting from the engineering industry," Barthwal said.The secretary underscored how India's burgeoning middle class and the government's infrastructure push--including modernizing railways, expanding ports and airports, and developing roads--are critical drivers for this vision.He also noted India's youth as a catalyst for innovation, citing their contributions to developing efficient charging systems and patent-worthy mobility technologies. "Prime Minister Modi at Bharat Mobility interacted with several youths who are looking for opportunities in the sector," Barthwal said.To strengthen the mobility industry, Barthwal stressed the importance of safe, seamless travel and global competitiveness. He urged industry leaders to establish global capability centers and leverage opportunities to expand internationally. "We are working on all the technologies, whether it is alternate fuel and even in zero emission, we are working on battery electric. We are working on fuel cell electric. We are also working on H2 ICE (hydrogen internal combustion engine)," Wagh told PTI on the sidelines of the Auto Expo, held as part of the Bharat Mobility Global Expo 2025 here.At the expo, the company displayed a range of CVs based on various fuel technologies -- from diesel, biodiesel, CNG, LNG, ethanol, flex fuel, battery electric to H2 ICE.Asked how much investment the company will put on new product development, Wagh said, "We continue to spend roughly around Rs 2,000 crore per year on products and capital equipment, and we will continue to be ballpark in that region."Explaining the rationale for the company investing on a variety of technologies, Wagh said, "Battery electric is going to work on the lighter side of the vehicles, and also for a predetermined kind of a route within a city or city to semi-urban area."For longer distance and heavy duty, he said, "We need a hydrogen kind of technology and that is what it appears now. Therefore, we are working on all these technologies."Moreover, he said, "Since the transition (zero emission) is not going to happen immediately, we've also been working on all the alternate fuels, which is where the transition will happen through. Therefore, we have invested in technologies which will address all these requirements".
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