Amitabh Kant says EVS are important to fight air pollution

24 Jun 2024 CW Team

G20 Sherpa and former NITI Aayog CEO Amitabh Kant emphasised the urgent need for improving urban air quality and advocated for a nationwide shift to electric vehicles (EVs) by 2030. He highlighted the economic viability of EVs and increasing consumer demand as reasons for this shift. Kant stated that transportation should be a major focus, aiming for all cities to adopt electric vehicles by 2030. He outlined specific targets, stating, "The priority should be that in the next four to five years, two-wheelers, three-wheelers, and buses all transition to electric, and by 2030, even all four-wheelers should be electric." Regarding government initiatives, Kant mentioned, "They have allocated about Rs 570 billion, which is almost $7 billion. It's one of the biggest programmes of the government," referring to the procurement of 10,000 buses. He also commended India's progress in renewable energy, noting that the country had exceeded COP21 targets with 200 gigawatts already generated.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..