The NITI GearShift Problem invitations college students, transport service practitioners, lecturers, and researchers to develop modern enterprise fashions that handle monetary, technical, and operational challenges within the adoption of electrical vans.
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NITI Aayog, in collaboration with IIM Bangalore, Sensible Freight Centre India, CALSTART/Drive to Zero, and WRI India, introduced the launch of the NITI GearShift Problem as a part of the e-FAST India initiative.
This pioneering hackathon goals to foster modern enterprise fashions for the adoption of zero-emission vans (ZETs) in India, addressing the nation’s urgent financial and environmental challenges.
The NITI GearShift Problem invitations college students, transport service practitioners, lecturers, and researchers to develop modern enterprise fashions that handle monetary, technical, and operational challenges within the adoption of electrical vans.
This system has garnered participation from e-FAST India data companions, monetary establishments, and trade boards.
The hackathon will unfold in two rounds. In Spherical 1, groups will submit their preliminary enterprise fashions addressing a selected barrier–technical, operational, or monetary — supported by high-level methods and analysis.
Shortlisted groups in Spherical 2 will current detailed enterprise fashions with an implementation roadmap, backed by each major and secondary analysis. These proposals shall be mentored by trade leaders to make sure sensible and impactful options.
India’s freight sector is important to the economic system, making certain the graceful supply of products to over 1.4 billion individuals.
With street freight accounting for a staggering 55 per cent of India’s annual diesel consumption and practically 40 per cent of CO2 emissions from street transport, there’s an pressing must transition to extra sustainable options.
The electrification of freight transportation is a key precedence, as electrical vans provide a transformative alternative to cut back emissions, enhance air high quality, and improve vitality safety.
The GearShift Problem marks a pivotal transfer in the direction of sustainable freight transportation in India. By tapping into the creativity and experience of individuals, the hackathon goals to generate sensible options that may speed up the adoption of zero-emission vans, thereby benefiting each the economic system and the setting.
