The DBT scheme cut EVs cost by 25-30 per cent for end buyers
SMART CITIES

The DBT scheme cut EVs cost by 25-30 per cent for end buyers

Jammu, the winter capital of Jammu & Kashmir, has emerged as a key growth hub in the region, recording an all-time high of 21.1 million tourist visits in 2023, with foreign tourist arrivals witnessing a remarkable 2.5-fold increase. This surge in tourism has contributed to the state’s robust economic performance, with the real gross state domestic product (GSDP) estimated at Rs 1.39 trillion for 2023-24. With capital expenditure accounting for 25.86 per cent of total receipts, the city’s innovative strides are gaining recognition, with Jammu Smart City’s e-mobility project winning the Urban Transport Award at the 17th Urban Mobility India Conference 2024. Devansh Yadav, CEO, Jammu Smart City Ltd, shares his vision with NEHA YADAV on the city’s pioneering e-mobility initiatives, the adoption of the gross cost contract (GCC) model and development along the Tawi Riverfront.

Jammu Smart City has won the Award of Excellence in Urban Transport for its e-mobility project. Could you elaborate upon the project and the financing model?
The Jammu Smart City e-Mobility Project includes the deployment of electric autos (e-autos) and electric rickshaws (e-rickshaws), as well as the introduction of 100 fully air-conditioned electric buses (e-buses)...

To read the full article Click Here

Jammu, the winter capital of Jammu & Kashmir, has emerged as a key growth hub in the region, recording an all-time high of 21.1 million tourist visits in 2023, with foreign tourist arrivals witnessing a remarkable 2.5-fold increase. This surge in tourism has contributed to the state’s robust economic performance, with the real gross state domestic product (GSDP) estimated at Rs 1.39 trillion for 2023-24. With capital expenditure accounting for 25.86 per cent of total receipts, the city’s innovative strides are gaining recognition, with Jammu Smart City’s e-mobility project winning the Urban Transport Award at the 17th Urban Mobility India Conference 2024. Devansh Yadav, CEO, Jammu Smart City Ltd, shares his vision with NEHA YADAV on the city’s pioneering e-mobility initiatives, the adoption of the gross cost contract (GCC) model and development along the Tawi Riverfront.Jammu Smart City has won the Award of Excellence in Urban Transport for its e-mobility project. Could you elaborate upon the project and the financing model?The Jammu Smart City e-Mobility Project includes the deployment of electric autos (e-autos) and electric rickshaws (e-rickshaws), as well as the introduction of 100 fully air-conditioned electric buses (e-buses)...To read the full article Click Here

Next Story
Real Estate

The Only Way is Up!

In 2025, India’s real-estate market will be driven by a confluence of economic, demographic and policy-driven factors. Among these, Boman Irani, President, CREDAI National, counts rapid urbanisation, the rise of the middle class, policy reforms like RERA and GST rationalisation, and the Government’s decision to allow 100 per cent FDI in construction development projects (including townships, housing, built-up infrastructure, and real-estate broking services).In the top metros, especially Bengaluru, followed by Hyderabad and Pune, the key drivers will continue to be job creation a..

Next Story
Building Material

Organisations valuing gender diversity achieve higher profitability

The building materials industry is projected to grow by 8-12 per cent over the next five years. How is Aparna Enterprises positioning itself to leverage this momentum and solidify its market presence?The Indian construction and building materials industry is projected to witness significant expansion, with estimates suggesting an 8-12 per cent compound annual growth rate (CAGR) over the next five years. This growth is fuelled by rapid urbanisation, increased infrastructure investments and sustainability-focused policies. With India's real-estate market expected to reach $ 1 trillion by 2030, t..

Next Story
Real Estate

Dealing with Delays

Delays have beleaguered many a construction project in India, hampering the country from building to its ability and potential, and leading to additional costs incurred by the contractor. The reasons for delayIn India, delays mainly occur owing to obtaining statutory approvals, non-provisioning of right of way, utility diversion and approval of drawings and design. Delays are broadly classified based on responsibility and effect. Excusable delays arise from factors beyond the contractor’s control, such as force majeure events or employer-induced delays. These delays generally entitle th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?