COVER STORY

While the focus of this budget was more on connecting rural areas to urban using state of the art infrastructure and e-mobility, the impact of this will be measured in the mid- to long term. The introduction of a battery swapping policy and the welcoming of OEMs in defence R&D can be seen as progressive in nature.” Dr Arun Singh, Global Chief Economist, Dun and Bradstreet

The formulation of interoperability standards will be important to bring stability to the sector. We welcome the move to encourage private sector companies and start-ups to provide Battery-as-aservice and Energy-as-aservice, which will also help catalyse innovation and investments in these sectors. The increase in government contribution for R&D in clean mobility will provide an impetus to this innovation, and help bring about sustainable development at scale.” Anjali Bansal, Founder, Avaana Capital