R. Dinesh elevated as the new CII President

The Confederation of Indian Industry (CII) has made a few structural changes in the advisory board. R. Dinesh is elected as the President of CII for 20232024. He succeeds Sanjeev Bajaj, the past President of CII who was elected in May 2022, currently serving as the Executive Vice Chairman, of TVS Supply Chain Solutions Ltd. Further, Rajiv Memani, serving as the Chairman of India Region and Chairman of, Emerging Markets Committee, Ernst & Young LLP assumes office as the Vice President, of CII for the year 2023-24. Additionally, Sanjiv Puri, Chairman and Managing Director, ITC Limited assumes office as the President-Designate, CII for the 2023-24.

Kailash Gahlot addressed the EV stakeholders at a summit in New Delhi. The meeting aimed at consulting 300 stakeholders had him draw attention to Delhi switching 80 per cent of public transport to fully electric by 2025. Held at the India Habitat Centre in partnership with RMI India Foundation and Climate Trends, the workshops generated a huge pile of suggestions to be looked at by the government. These revolved around the faster connection for EV charging, attractive finance for different models, cost reduction of EVs and the building of charging and parking infrastructure. In a panel discussion, Radhika Tomar, Head – of Energy Sector Reforms, British High Commission, urged the need to ensure workplace charging. She said, “In the UK, we have an incentive model which covers 75 per cent of the CapEx.” Principal Secretary of Transport, Ashish Kundra while responding to the suggestions, added, “The credit loss guarantee suggestion that we got from various stakeholders is a tricky thing to follow as the market is in a very nascent stage but we are working on it.”