Back in 2002, Ashok Leyland Ltd. developed countries
first Hybrid electric vehicle (bus). In 2010 they came up again with a new
hybrid model. But these vehicles never commercialized because of lack of
incentive from government incentive. Similarly Tata motors used Hybrid bus back
in 2010 (Commonwealth
Games), subsequently they came up with many more hybrid
concept vehicles that never commercialized. Mahindra has electric vehicles that
are commercialized.
If one goes through history then at least from 2006
there were works going on in this direction with a significant success. But due
to the nature of this industry nothing is possible without the government
incentive to commercialize these works. Even the FAME initiative of Government
of India took 7 years to come in the first phase of industrialization.
The situation today is that given the right push these
corporations can come up with models of Electric and Hybrid vehicles that can
serve the Indian industry. These players have technology, have financial might
to buy technology and expertise to commercialize. Its only a matter of time and
correct push when this market becomes big and viable.
A similar effort was necessary for CNG sector since
India has large reserve of CNG, and the firms were ready with technology to
give India a better solution but in the wake of exploration of Shale gas option
there was less interest to push in this direction.
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