CAFE-3 is a progressive roadmap for greener mobility: JSW Motors CEO
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- ✓JSW Motors CEO Ranjan Nayak said CAFE-3, starting from April next year, helps the company plan products and investments with clarity.
- ✓He said, "CAFE-3 provides greater regulatory certainty, which is important for companies like JSW Motors." The firm now focuses on New Energy Vehicles to support India’s cleaner mobility transition.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
JSW Motors has said CAFE-3, that kicks in from April next year, would allow it to plan its products, technologies, investments and localisation efforts with greater clarity.
In an exclusive interview with businessline, Ranjan Nayak, Chief Executive Officer, JSW Motors said that the next phase of India's automotive transition will require original equipment manufacturers (OEMs) to take a broader view of mobility, and it will require alignment across vehicle technology, charging infrastructure, battery manufacturing, renewable power and consumer adoption.
Here are the edited excerpts of the interview:
In what ways will the CAFE-3 fuel efficiency guidelines help new entrants like JSW Motors plan their product strategy??
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