Indians use a car too big to move a single person: Pawan Goenka
MUMBAI: Indians use a car too large by size to move a single person, and fate met Tata Nano was unfortunate Mahindra and Mahindra MD Pawan Goenka He said Saturday.
He also acknowledged that the automotive industry does contribute to pollution, and proposed adopting all means to reduce it.
It should be noted that the Tatas have discontinued Nano after a poor response to the Rs 1 lakh 600 cc car. Many experts have blamed the presentation of the utility product of the product in a country where owning a car is considered a need for lifestyle as a reason for failure.
It is very unfortunate that nano did not do very well, Goenka said, speaking at an alumni event organized by his alma mater IIT-Kanpur here.
He said that Indians weighing between 65 and 70 kg use a full 1,500 kg car to travel individually, hinting at the waste of resources needed to make the big car move.
We need to have a more adapted personal transport to move a single person, he said.
Given the same requirement, Goenka said his company launched a smaller car, which will soon hit the market.
He also acknowledged that automobiles currently provide 7 percent of carbon dioxide and a fifth of PM 2.5 particles, and every effort should be made to reduce the impact instead of increasing efforts to say that it is only a high impact.
India can lead the race in the front of the connected car due to its skill in the front of information technology, Goenka said.
There is also a lot of work in electric vehicles, with startups dedicated to specific areas such as batteries, charging, two-wheelers and three-wheelers, he said.
At present, India is five years behind China when it comes to electric vehicles, but it can lead the world in a research and development front, as well as in production, he said.
Currently, India is following the world as a consumer of electric vehicles, he said, adding that only 1,400 cars were purchased in 2019, which is a very small percentage of global demand.
The automotive sector will have to play a crucial role in the overall economic development of the country, he said.
Goenka said the manufacturing sector has to contribute $ 1 billion if the economy were $ 5 billion of GDP and the auto sector will have to grow at a compound annual growth rate of 14% for five years.