Investment Of 1Billion Euros By Germany For Green Urban Mobility In India

The ongoing circumstances are suitable for a transition to a green mobility system in India. The Central and State governments are trying hard to push the adoption of Electric Vehicles for the transition to green mobility in India. During such time comes news like German Chancellor Angela Merkel on Saturday pledged to invest 1 billion euros over the next five years on environmentally-friendly urban mobility in India under a German-Indian partnership.

Angela Merkel who was on a three-day visit to India from 31 October coincided with one of the worst quality of air present in Delhi/NCR, Merkel also emphasized on the need to replace diesel-run public transport with electric vehicles.

“We have agreed to co-operate on climate protection and green urban mobility and have earmarked 1 billion euros towards this,” Merkel said at an event here.

Under the partnership, Germany will invest in a number of environmentally friendly policies, such as more than 500 electric buses to replace diesel-powered ones in urban areas in India. Germany would also put in 200 million euros to reform the bus sector in Tamil Nadu. This project will be carried out over the course of the next five years.

Germany would also like to work with India on various segments including healthcare, agriculture and artificial intelligence, said Merkel. On Friday, India and Germany agreed to deepen efforts to resume stalled negotiations for a free trade agreement between India and the European Union (EU).

This Visit of Angela Merkel and the future investment in India that too on Environmental Projects has come at the exact right time when Delhi is facing the worst AQI right now and the transition concept to E-Mobility still lacks a very strong push in India. This investment can bear fruits. There’s a lot to look forward to regarding Environmental policies in India.

The talks are the fifth in a series of biennial bilateral summits between Germany and India. The German delegation also included Foreign Minister Heiko Maas and Agriculture Minister Julia Klöckner.