Wednesday, Jul 18 2018 | Time 06:47 Hrs(IST)
image
image
  • Canada goes to work while World Cup party continues
  • Syrian army pounds southern city of Nawa, reports of casualties -residents
  • Trump, seeking to calm political storm over Putin summit, says he misspoke
  • "Fanatical" pro-Brexit lawmakers pushing UK towards new election- former PM Major
  • Iran files suit in international court against U S over sanctions
  • Social media companies defend filtering practices before Congress
  • Trump says he has confidence in U S agencies on Russia, misspoke in Helsinki
  • Trump says he, Putin discussed N Korea, curbing global nuclear weapons
  • Root and Morgan clinch decider for England in ODI series
  • Greater Noida: Two building collapse; 50 injured
States Share

EVs pose big threat to forging industry, Govt should draw road map : AIFI

EVs pose big threat to forging industry, Govt should draw road map : AIFI

Chennai, July 2 (UNI) The Government's decision to shift focus on

manufacturing Electric Vehicles (EVs) has posed a big threat to the

forging industry, the Association of Indian Forging Industry (AIFI)

said on Monday and wanted the government to draw a clear road

map on the issue.

Talking to reporters here, AIFI President S Muralishankar and AIFI

Southern Region Chairman K Vinoth Kumar said the key issue

concerning the future of the industry was Government’s renewed

focus on electric vehicles and better to a deduction to eliminate

petrol/diesel cars by 2030.

'The situation seems to be fluid and it require the Government to

draw a clear road map for the same', they said.

'The introduction of EVs will have an adverse impact on Indian Forging

Industry as 60 per cent of the forging units are into manufacturing of

auto components and majority for engine and transmission related

application', they said.

Obsrving that Internal Combustion Engines (ICEs) have approximately

2,000 moving parts as compared to only 20 moving parts in EVs,

Mr Vinoth Kumar said EVs do not have engine and transmission parts

completely.

'It only comprises steering components, suspensions and axles out

of the forged auto components. As a result, on an average 40-50 per

cent of demand for forged auto components will decline resulting in

job losses and unit shutdowns', he said.

Noting that at present practically there was no concrete plan for

100 per cent switch over, he said perhaps in early 2020 or by 2022

a clear picture would emerge as emission standards were significantly

ramped up.

The switch over to EVs poses a lot of challenges and the government

should come out with infrastructural development on disposal of batteries,

meet the huge power requirement that would arise due to switch over to

EVs, setting up of more battery charging stations.

The need of the hour was aggressive and assertive political action that

would provide a level playing field to Indian manufacturers to become

competitive in the global platform and other relevant policy reforms to

foster ease of doing business, he said.

UNI GV 1505

More News

Greater Noida: Two building collapse; 50 injured

18 Jul 2018 | 12:58 AM

Greater Noida, July 17 (UNI) At least 50 people were injured when a six-storey building collapsed into a near-by building here at Shah Beri village under Bisrakh police station limits on Tuesday night.

 Sharesee more..
Farmer's income will double by 2022:Yogi

Farmer's income will double by 2022:Yogi

17 Jul 2018 | 11:21 PM

Shahjahanpur, July 17 (UNI) Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday asserted that the Bharatiya Janata party would ensure that by 2022 farmers income doubles.

 Sharesee more..
Amarnath yatra crosses 2 lakh mark, 4,140 yatris pay obeisance on Tuesday

Amarnath yatra crosses 2 lakh mark, 4,140 yatris pay obeisance on Tuesday

17 Jul 2018 | 11:01 PM

Srinagar, Jul 17 (UNI) Over 4,100 pilgrims paid obeisance on Tuesday at the holy Amarnath cave shrine in south Kashmir Himalayas, where so far over two lakh pilgrims had darshan of the self-made Ice-Shivlingam since the commencement of the 60-day-long pilgrimage from June 28.

 Sharesee more..

HC defer hearing on MBBS issue in HP till July 23

17 Jul 2018 | 11:01 PM

Shimla, Jul 17 (UNI) Himachal Pradesh High Court on Tuesday deferred the hearing on a writ petition till
July 23 on allotment of MBBS seats to bona-fide Himachal Pradesh students who are working outside the state due to their jobs and other engagements.

 Sharesee more..

Enquiry into TDR scam in Aurangabad to be completed in 3 months: Mah

17 Jul 2018 | 10:56 PM

Aurangabad, Jul 17 (UNI) Chief Minister Devendra Fadnavis assured
the Maharashtra Assembly on Tuesday that the enquiry into the TDR
scam at Aurangabad Municipal Corporation will be completed within
three months.

 Sharesee more..
image