The DBT scheme cut EVs cost by 25-30 per cent for end buyers
SMART CITIES

The DBT scheme cut EVs cost by 25-30 per cent for end buyers

Jammu, the winter capital of Jammu & Kashmir, has emerged as a key growth hub in the region, recording an all-time high of 21.1 million tourist visits in 2023, with foreign tourist arrivals witnessing a remarkable 2.5-fold increase. This surge in tourism has contributed to the state’s robust economic performance, with the real gross state domestic product (GSDP) estimated at Rs 1.39 trillion for 2023-24. With capital expenditure accounting for 25.86 per cent of total receipts, the city’s innovative strides are gaining recognition, with Jammu Smart City’s e-mobility project winning the Urban Transport Award at the 17th Urban Mobility India Conference 2024. Devansh Yadav, CEO, Jammu Smart City Ltd, shares his vision with NEHA YADAV on the city’s pioneering e-mobility initiatives, the adoption of the gross cost contract (GCC) model and development along the Tawi Riverfront.

Jammu Smart City has won the Award of Excellence in Urban Transport for its e-mobility project. Could you elaborate upon the project and the financing model?
The Jammu Smart City e-Mobility Project includes the deployment of electric autos (e-autos) and electric rickshaws (e-rickshaws), as well as the introduction of 100 fully air-conditioned electric buses (e-buses)...

To read the full article Click Here

Jammu, the winter capital of Jammu & Kashmir, has emerged as a key growth hub in the region, recording an all-time high of 21.1 million tourist visits in 2023, with foreign tourist arrivals witnessing a remarkable 2.5-fold increase. This surge in tourism has contributed to the state’s robust economic performance, with the real gross state domestic product (GSDP) estimated at Rs 1.39 trillion for 2023-24. With capital expenditure accounting for 25.86 per cent of total receipts, the city’s innovative strides are gaining recognition, with Jammu Smart City’s e-mobility project winning the Urban Transport Award at the 17th Urban Mobility India Conference 2024. Devansh Yadav, CEO, Jammu Smart City Ltd, shares his vision with NEHA YADAV on the city’s pioneering e-mobility initiatives, the adoption of the gross cost contract (GCC) model and development along the Tawi Riverfront.Jammu Smart City has won the Award of Excellence in Urban Transport for its e-mobility project. Could you elaborate upon the project and the financing model?The Jammu Smart City e-Mobility Project includes the deployment of electric autos (e-autos) and electric rickshaws (e-rickshaws), as well as the introduction of 100 fully air-conditioned electric buses (e-buses)...To read the full article Click Here

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?