UltraTech joins WEF's Moving India initiative

UltraTech has announced a significant partnership with the World Economic Forum's (WEF) Moving India initiative, which was introduced during the G20 Energy Ministers' meeting in Goa. This initiative, backed by India's Ministry of Ports, Shipping and Waterways, and supported by NITI Aayog's e-FAST India program, aims to establish India's first zero-emissions road freight cluster along the west coast, spanning the states of Gujarat and Maharashtra. The collaborative efforts of the government and private sector will see the deployment of more than 550 zero-emission trucks in selected road corridors within this cluster.As a prominent cement manufacturing company, UltraTech is actively participating as a partner in Moving India. KC Jhanwar, the Managing Director of UltraTech, emphasised the company's unwavering dedication to this critical cause. He expressed that India, being the world's second-largest cement producer with plants across the nation, presents an ideal opportunity for the early adoption of zero-emission trucks. UltraTech Cement is committed to exploring all avenues to reduce emissions and minimise its environmental impact. The company believes that large-scale implementation of zero-emission trucks and LNG/CNG vehicles is a pivotal step towards enhancing the sustainability of its operations.The launch of India's inaugural zero-emission road freight cluster and the involvement of prominent corporations in this endeavour mark a crucial milestone. Over the next decade, India's road freight demand is predicted to become the second largest globally.Transitioning to zero-emission trucks could result in substantial CO2 savings, estimated to be between 2.8 to 3.8 gigatons through 2050. These savings are equivalent to or even surpass India's entire economy-wide annual greenhouse gas emissions as of today. This initiative holds immense potential for driving positive environmental change and fostering a sustainable future for India's freight transportation.