UltraTech has announced a major partnership with the World Economic Forum's (WEF) Moving India initiative, which was introduced at the G20 Energy Ministers' Meeting in Goa. This initiative, supported by the Indian Ministry of Ports, Shipping and Waterways, and supported by NITI Aayog's e-FAST India program, aims to establish India's first zero-emission road freight cluster along the west coast, spanning the states of Gujarat and Maharashtra. The joint efforts of the public and private sectors will lead to the deployment of more than 550 zero-emission trucks in selected road corridors within this cluster.
As a leading cement production company, UltraTech actively participates in Moving India as a partner. KC Jhanwar, the Managing Director of UltraTech, highlighted the company's unwavering commitment to this critical matter. He said India, the world's second-largest cement producer with plants across the country, offers an ideal opportunity for the early adoption of zero-emission trucks. UltraTech Cement is committed to exploring all avenues to reduce emissions and minimize environmental impact. The company believes that large-scale implementation of zero-emission trucks and LNG/CNG vehicles is a crucial step in making its operations more sustainable.
The launch of India's inaugural zero-emission road freight cluster and the involvement of prominent companies in this endeavor mark a crucial milestone. Over the next decade, demand for road freight transport in India is expected to become the second largest in the world.
The transition to zero-emission trucks could lead to significant CO2 savings, estimated at between 2.8 and 3.8 gigatons by 2050. These savings are equal to or even exceed the entire annual greenhouse gas emissions in India's entire economy as of today. This initiative has huge potential for driving positive environmental change and promoting a sustainable future for freight transport in India.