19 July 2023 : UltraTech announced today that it has partnered with World Economic Forum (WEF) Moving India initiative which was launched by WEF at the G20 Energy Ministers’ meeting in Goa.
Supported by India’s Ministry of Ports, Shipping and Waterways and under NITI Aayog’s e-FAST India program, Moving India aims to develop India’s first zero-emissions road freight cluster in the west coast of India in the states of Gujarat and Maharashtra. Moving India brings together the government and the private sector to deploy over 550 zero-emission trucks in select road corridors in this cluster.
As the largest cement manufacturing company and as an industry leader, UltraTech is one of the partners of Moving India. Affirming UltraTech’s commitment to this crucial cause, UltraTech MD, Mr. K.C. Jhanwar, said, “India is the second largest cement producing country in the world, with cement plants spread across the country. The cement sector can provide an ideal use case for the early adoption of zero emission trucks. At UltraTech Cement, we are committed to evaluate all means to reduce our emissions and environmental footprint. We see large scale deployment of zero-emission trucks and LNG/CNG vehicles as the next key initiative to make our operations more sustainable.”
The launch of India's first zero emission road freight cluster and engagement of leading corporates in this initiative is a crucial first step. In the coming decade, road freight demand in India is set to become the second largest in the world. A transition to zero-emission trucks can lead to 2.8–3.8 gigatons of cumulative CO2 savings through 2050, which is equal to or greater than India’s entire economy-wide annual GHG emissions today.
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