They believe that replacing internal combustion engines with electric ones will contribute to the country's sustainable development goals
Conversion of diesel passenger buses to electric buses in India will generate 6,000-7,000 direct jobs and 36,000-42,000 indirect jobs, experts have predicted. The report jointly prepared by the Foundation for Economic Growth and Welfare (EGROW Foundation).
"The economic benefits of this approach are enormous and go beyond simple financial savings. They will lead to an even broader economic recovery and environmental improvement," said Charan Singh, head of the non-profit organisation EGROW Foundation.
If the country upgrades 20,000 buses annually, it could save about 500,000 tonnes of diesel and reduce crude oil imports by 12.7 million barrels a year, experts point out. The industry can also contribute significantly to India's goals of creating 30-35 million new green jobs by 2047. This is reported by ANI, a partner of TV BRICS.
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