Indians use automobiles too huge by measurement for shifting a single particular person and the destiny met by Tata Nano was unlucky, Mahindra & Mahindra MD Pawan Goenka mentioned.
He additionally conceded the car business did add to air pollution and pitched for adopting means to scale back it.
The Tatas had discontinued Nano after a poor response to the 600-cc ₹1-lakh automobile. Many specialists had blamed its utilitarian product pitch in a rustic the place proudly owning a automobile was seen as a life-style necessity as the explanation for the failure.
“It is very unfortunate that the Nano didn’t do very well,” Mr. Goenka mentioned, talking at an alumni occasion organised by his alma mater IIT-Kanpur right here.
He mentioned Indians, weighing 65-70 kg, use a complete 1,500 kg automobile to journey individually, hinting on the wastage of sources that go into making the large automobile transfer.
“We need to have personal transport that is more tuned to moving a single person,” he mentioned.
Maintaining the identical requirement in thoughts, Mr. Goenka mentioned his firm had launched a smaller automobile, which must be hitting the market quickly.
He additionally acknowledged that cars at current contributed 7% of the carbon dioxide and a fifth of particulate matter, PM 2.5, and each effort must be made to scale back the affect.
He additionally mentioned India can lead the race in linked automobiles attributable to its prowess on the knowledge know-how entrance.
There may be ‘a lot of work’ taking place in electrical automobiles as effectively with start-ups devoted to area of interest areas reminiscent of batteries, charging infrastructure, two-wheelers and three-wheelers mushrooming, he mentioned.
He added the manufacturing sector needed to contribute $1 trillion if the economic system had been to develop to $5 trillion.