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Highlights: Climate Change, Art, Diplomacy, Finance In Focus At NDTV World Summit 2024

Prime Minister Narendra Modi opened the "NDTV World Summit 2024 - The India Century" on Monday.
Oct 22, 2024
10:28 (IST)
How BillionE Is Reducing Its Petroleum Consumption
BillionE is focused on reducing the consumption of petroleum products in transportation, said Co-Founder Mustafa Wajid at the NDTV World Summit. Talking about environment and energy security issues, Mr Wajid said, "Fossil fuels used for generating electricity and transportation are two big elephants in the room. India consumes close to 150 million metric tonnes of petrol and diesel for transportation. At Billion Electric we are trying to address this. We have started deploying electric trucks."

"Decarbonising the transport sector at one level is our corporate objective. The name Billion means we would like to d a billion kilometers of decarbonised transportation," he added.

India's transportation requirements have multiplied by three times in the last 3 years and now stands at 3 tonnes kilometers. It is growing faster than the GDP, he said. Giving out the reason behind this, Mr Wajid said, "It is because of increased urbanisation, consumerism, and e-commerce sector. At BillionE we would like to see how to make this transportation more sustainable."

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As the Hon'ble Prime Minister Narendra Modi settles into his third term, India's global influence continues to expand, reshaping both geopolitical dynamics and economic landscapes. Amidst ongoing conflicts in Europe and West Asia, India has emerged as a responsible global power, adeptly navigating complex international relations and offering leadership.

In this transformative era, the world turns to India for guidance. It is within this context that NDTV proudly presents its flagship event, NDTV World Summit 2024 – The India Century, scheduled for October 21st and 22nd.

Continuing NDTV’s legacy of pioneering media, we will also launch NDTV World at the summit, with the tagline: "Seeing the World from Where India Stands." NDTV World aims to be a leading voice from Asia and India on the global stage.