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
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?