Sunday, Feb 24 2019 | Time 06:17 Hrs(IST)
image
  • People gather at New York's Wall Street to protest US 'imperialist' polices on Venezuela
  • Bolton threatens Venezuela with more sanctions unless military allows in Humanitarian Aid
  • Lebanese hold protest in favor of civil marriage
  • AIIMS and UCL venture into new education and research partnership
  • Iraq receives 180 IS militants captured by SDF
  • NCP Supremo accuses Modi govt of instigating caste based hatred
  • Article 35A: Steps being taken are part of comprehensive strategy to root out terrorism: Jitendra
States


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

NCP Supremo accuses Modi govt of instigating caste based hatred

24 Feb 2019 | 12:28 AM

Aurangabad, Feb 23 (UNI) Launching a scathing attack on the Modi-led government near here in Parli of Beed district of Maharashtra on Saturday, National Congress Party (NCP) supremo Sharad Pawar alleged that the BJP government was instigating caste based hatred among the people.

see more..

Article 35A: Steps being taken are part of comprehensive strategy to root out terrorism: Jitendra

24 Feb 2019 | 12:02 AM

Jammu, Feb 23 (UNI) Asserting that he would not comment on Article 35-A, Union Minister Dr Jitendra Singh on Saturday said that the steps which are being taken are part of a comprehensive strategy to root out terrorism.

see more..

Vulnerability of polling stations need to be mapped: Collector

23 Feb 2019 | 11:58 PM

Kakinada, Feb 23 (UNI) East Godavari Collector Kartikeya Mishra on Saturday instructed the AEROs and the SHOs to take up jointly by the mapping of the vulnerability of the polling stations in accordance with the Election Commission guidelines during next couple of days .

see more..

Widow found murdered in Nanded

23 Feb 2019 | 11:51 PM

Nanded, Feb 23 (UNI) The body of a 30-year-old woman with severe head injuries was found near Bellore village in Kinwat tehsil of the district on Saturday.

see more..

AIMIM blames Pakistan for Pulwama attack, Modi for political failure

23 Feb 2019 | 11:45 PM

Mumbai, Feb 23 (UNI) The All Indian Majlis-e-Ittehadul Muslimeen (AIMIM) President Asaduddin Owaisi accused Pakistan for the Pulwama terror strike, but also blamed Prime Minister Narendra Modi for ‘political failure’ to prevent it, here on Saturday.

see more..
image