Source: PIB
Context: NITI Aayog, in collaboration with IIM Bangalore, Smart Freight Centre India, CALSTART/Drive to Zero, and WRI India, has launched the NITI GearShift Challenge as part of the e-FAST India initiative.
- This hackathon aims to develop innovative business models to promote the adoption of zero-emission trucks (ZETs) in India, addressing economic and environmental issues.
- The first round focuses on initial business models, while the second round involves detailed models and implementation roadmaps, mentored by industry leaders.
With the freight sector being crucial to India’s economy and a significant contributor to diesel consumption and CO2 emissions, the challenge aims to accelerate the shift to electric trucks, improving air quality and energy security.
