The DBT scheme cut EVs cost by 25-30 per cent for end buyers

22 Feb 2025 CW Team

Jammu, the winter capital of Jammu & Kashmir, has emerged as a key growth hub in the region, recording an all-time high of 21.1 million tourist visits in 2023, with foreign tourist arrivals witnessing a remarkable 2.5-fold increase. This surge in tourism has contributed to the state鈥檚 robust economic performance, with the real gross state domestic product (GSDP) estimated at Rs 1.39 trillion for 2023-24. With capital expenditure accounting for 25.86 per cent of total receipts, the city鈥檚 innovative strides are gaining recognition, with Jammu Smart City鈥檚 e-mobility project winning the Urban Transport Award at the 17th Urban Mobility India Conference 2024. Devansh Yadav, CEO, Jammu Smart City Ltd, shares his vision with NEHA YADAV on the city鈥檚 pioneering e-mobility initiatives, the adoption of the gross cost contract (GCC) model and development along the Tawi Riverfront.

Jammu Smart City has won the Award of Excellence in Urban Transport for its e-mobility project. Could you elaborate upon the project and the financing model?

The Jammu Smart City e-Mobility Project includes the deployment of electric autos (e-autos) and electric rickshaws (e-rickshaws), as well as the introduction of 100 fully air-conditioned electric buses (e-buses)...

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