As India celebrates its 78th Independence Day in 2024, themed around ‘Viksit Bharat @2047,’ the nation stands at the cusp of monumental transformation. The Prime Minister’s vision echoes through the call for boosting reforms, reviving the spirit of Nalanda in education, advancing manufacturing, and embracing new & emerging sectors. The ‘Design in India, Design for the World’ vision aims to channel progressive schemes that increase investment avenues, driving India towards becoming a global leader in innovation and development.
Let us explore the remarkable achievements and impact of a few companies, showcasing their commitment to driving progress and empowering individuals in the spirit of independence.
Yokohama India
As we commemorate Independence Day, let’s reflect on Yokohama India Pvt Ltd. (YIN), a 100% subsidiary of The Yokohama Rubber Company, Japan (YRC). In a move echoing the spirit of freedom, Yokohama ventured into the Indian market in 2007, drawn to India’s rapid growth in the automobile sector. From November 2014, YIN has been crafting top-tier tyres in India, including range of products like new Geolandar X-AT and Geolandar M/T G003, Earth-1, Advan, S.drive and BluEarth-GT, all produced at the manufacturing facility nestled in Bahadurgarh, Haryana.
Amidst celebrating Independence Day, it’s crucial to highlight the significance of environmental stewardship. Yokohama India is actively engaging in initiatives to minimize the ecological impact of their operations, focusing on sustainable practices in production and logistics. By sourcing environmentally friendly raw materials and optimizing energy usage, Yokohama India is pioneering efforts to reduce their environmental footprint. Furthermore, their dedication extends to research and development, with a focus on replacing petroleum-based oils with renewable alternatives for tire manufacturing.
Additionally, through initiatives like the Forever Forest Program, Yokohama Group is actively contributing to environmental conservation by planting trees and promoting community involvement in creating a greener Earth.
ARENQ
ARENQ, a prominent player in the sustainable mobility and electric vehicle (EV) sector, is making strides with its innovative approach and commitment to sustainability. Specializing in storage battery manufacturing and distribution, the company demonstrates a proactive stance in accelerating EV adoption nationwide. In a significant development, ARENQ is in strategic discussions to supply electric vehicles to a major eCommerce conglomerate, marking a milestone in their growth trajectory. This move not only underscores ARENQ’s commitment to innovation but also signals a broader shift towards embracing electric mobility.
Supported by a seasoned leadership team and a state-of-the-art R&D facility, ARENQ is leading the charge in developing solutions poised to transform not only the domestic market but also the global landscape. Collaborations with industry leaders like Lucas TVS highlight their commitment to advancing the EV segment, offering advanced motors and controllers to OEMs. As sustainability gains traction, ARENQ emerges as an influential player, reshaping the automotive market and contributing to a greener future.
Revfin Services:
Let’s turn the spotlight on Revfin, an innovative digital lending platform, is spearheading a transformation in sustainable mobility while actively promoting financial inclusion in India by offering convenient and accessible financing solutions. Revfin employs cutting-edge techniques such as Biometrics, Psychometrics, and Gamification to issue loans based on non- traditional data sources through its own NBFC. With a robust digital infrastructure and IoT-enabled monitoring capabilities, Revfin stands out in vehicle tracking, empowering drivers to optimize their earnings.
Since its establishment in 2018, Revfin has been at the forefront of revolutionizing sustainable mobility, initially focusing on financing E3Ws and later expanding its scope to encompass various electric vehicles, including 2Ws, 4Ws, batteries, and charging stations. Sustainable mobility, ecosystem development, financial inclusion, and women’s empowerment form the core principles of Revfin, evidenced by its financing of approximately 50,000 vehicles across all categories and by partnerships with over 50 OEMs. Furthermore, Revfin has ventured into electric vehicle leasing through collaborations with fleet aggregators, contributing significantly to the burgeoning ecommerce ecosystem and fleet management sector.
Godawari Electric Motors
Godawari Electric Motors is the producer ofeblu family of EV products. In July 2019, GodawariEMobility was introduced with an aim – to offer self-employment opportunities to millions while actively working towards reducing the country’s carbon footprint through innovative e-mobility solutions. Founded by Siddharth Agarwal and Mahendra Agrawal, this initiative strives to provide a clean and sustainable mode of transportation by offering a diverse range of EV products. Noteworthy is Godawari Electric Motors’ pioneering role as one of the first companies in India to implement an EV leasing strategy, showcasing a commitment to driving progress and sustainability in the automotive industry.
Delta Electronics
Delta Electronics stands out as a key player in accelerating the cause of sustainable mobility and electric vehicle (EV) adoption in India. One of Delta’s significant contributions lies in its fast charging solutions, enabling full charging within 2-3 hours, thus facilitating convenient and efficient charging experiences for EV users.
Delta’s strategic partnerships further underscore its commitment to driving sustainable mobility. Collaborations with government organizations like MSEDL and BPCL establish Delta as a preferred partner for the Indian government and distribution agencies, facilitating the establishment of EV charging infrastructure across the country. Additionally, partnerships with industry giants like TATA Power for fleet operations and BluSmart for setting up charging hubs demonstrate Delta’s efforts to support various facets of the EV ecosystem, from individual users to fleet operators.
By providing reliable and efficient charging solutions, Delta empowers consumers to embrace electric vehicles with confidence, contributing to the broader goal of reducing carbon emissions and promoting sustainable transportation.
As the nation moves forward, inspired by the vision of ‘Viksit Bharat @2047,’ the role of companies like Yokohama, ARENQ, Revfin Services, Godawari Electric Motors, and Delta Electronics remind us of the importance innovation plays in India’s journey. Their commitment to sustainable development and technological advancement not only reflects the spirit of independence but also positions India as a leader on the global stage. Together, these efforts are laying the foundation for a prosperous, resilient, and empowered India.