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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and...

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and petrol vehicles, pushing large-scale adoption across last-mile transport and encouraging major private investments.   India’s strategy to combat pollution levels has been to target the vehicles most common on its roads – two and three wheelers, which account for nearly 80 pc of the total automobiles sales in the country.   This targeted approach has led to a cycle where more sales encourage more investment, which further accelerates the market, as per the report shared by International Council on Clean Transportation (ICCT) India.   The PM E-Drive Scheme further boosts adoption by supporting the sale of 2.5 million e2w’s and 320,000 e3w’s, backed by a USD-315 million outlay for vehicles and charging infrastructure.   It has pushed private and public sector to act, like a major delivery company committing to convert its entire fleet into EVs in five years, some state and local governments assuring to partially convert their fleets of official or public transport vehicles to electric.   Even globally, EV adoption is increasing despite policy shifts in some advanced economies. EVs notched18 pc of all global light-duty vehicles in 2024, up from 14 pc in 2023, and likely to go up further this year.   With France, Spain, and Croatia showering more consumer incentives, UK and Canada refining ZEV mandates, the public charging points world over have doubled from 2.50 million (2022) to over 5 million now.   Racing to keep up, India has recorded a 23 pc year-on-year rise in light-duty EV sales from 2023 to 2024 and reaching a 2.9 pc EV share in early 2025.   The COP-30 report has lauded India’s FAME and PM E-Drive programs - and the EU’s AFIR regulation - as major forces speeding up the global move toward zero-emission mobility.   ICCT’s India Managing Director Amit Bhatt emphasized that electrifying India’s dominant vehicle segments is already delivering results. He termed as timely and essential next step the Centre’s fresh push to electrify medium and heavy-duty trucks – which comprise only 3 pc of the total vehicle stock but cough out 44 pc  of transport emissions. Clean & green leaders: India’s e3w & e2W The Faster Adoption & Manufacturing of Hybrid & Electric Vehicles (FAME) and PM E-Drive programs helped lower the upfront costs of electric 2 wheelers and electric 3 wheelers, making them price-competitive with ICE equivalents.   The transition has been powered by a strong collaboration between government and the private sector, particularly in last-mile delivery, with companies adopting EVs to save costs and working with rental partners to build out the ecosystem.   The quick expansion of EV charging networks in the world is driven by encouraging policies - with Europe’s reliance on deployment targets and India’s use of targeted incentives demonstrating two effective and scalable models, as per the COP-30 coming a day before the global meet ends on Friday.

Reliance seeks to cash in on Pak assault, retracts

  • PTI
  • May 8
  • 3 min read
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Mumbai: In a bizarre move, the Reliance Industries Ltd (RIL) and three other individuals filed applications seeking to patent or trademark the name ‘Operation Sindoor’ – under which India has taken revenge for the April 22 Pahalgam carnage that claimed 26 innocent lives.


Following a public furore, the Mukesh Ambani-headed RIL on Thursday quickly withdrew its application while blaming a junior person for erroneously and unauthorizedly filing it.


Additionally, three other individuals have also filed similar applications to claim the term ‘Operation Sindoor’ – a retired Group Captain K. S. Oberh, Alok Kothari and M. C. Agarwal – as social media users poured their outrage over the development.


“RIL has no intention of trademarking ‘Operation Sindoor’, a phrase which is now a part of the national consciousness as an evocative symbol of Indian bravery. Jio Studios, a unit of Reliance Industries, has withdrawn its trademark application, which was filed inadvertently by a junior person without authorization,” said an official Spokesperson.


He added that RIL and all its stakeholders are incredibly proud of ‘Operation Sindoor’, which is an achievement of our brave Armed Forces in India's uncompromising fight against the evil of terrorism.


“RIL stands fully in support of our Government and Armed Forces in this fight against terrorism. Our commitment to the motto of 'INDIA FIRST' remains unwavering,” said the company.


Withdraw application

The company today sent a letter to the effect, signed by an executive Rajesh Kumar S., withdrawing its application No.6994264 in Class 41 – without assigning any reasons - for trade-marking ‘Operation Sindoor’, to the Registrar of Trade Marks, Mumbai.


The four applications also figure prominently - RIL topping the list - on the Ministry of Commerce & Industry’s website, and many raised questions on social media how these came to be accepted in the first place.


Barely hours after the Armed Forces launched the ‘Operation Sindoor’, the RIL filed an application seeking to register the name for its ‘goods & services’ under Class 41 that covers entertainment and education services.


Many vent their ire on social media at the RIL, with some pointing accusing fingers at the company for allegedly attempting to cash in on the success of ‘Operation Sindoor’ that has now become a household name in barely 24 hours.


Reliance says it was filed inadvertently

In a statement, Reliance said it has no intention of "trademarking Operation Sindoor. "Jio Studios, a unit of Reliance Industries, has withdrawn its trademark application, which was filed inadvertently by a junior person without authorisation," it said.


Earlier, four applications, including one by Reliance, were filed with the Office of the Controller General of Patents, Designs & Trade Marks on Wednesday, seeking to use the phrase for entertainment-related services like audio and video content.


All four applicants filed between 10.42 am and 6.27 pm on May 7 for registration under Class 41 of the Nice Classification, which includes education and training services, film and media production, live performances and events, digital content delivery and publishing, and cultural and sporting activities.


This category is often used by OTT platforms, production houses, broadcasters, and event companies, suggesting that 'Operation Sindoor' could have become a film title, web series or documentary brand.


"The Reliance family is ready to support any measure in protecting our nation's unity and integrity. We like our fellow Indians believe – India seeks peace, but not at the cost of its pride, security or sovereignty."

Mukesh Ambani, Chairman and Managing Director, Reliance Industries

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