NITI Aayog has announced the launch of the ‘NITI GearShift Challenge’ as part of the e-FAST India initiative. This pioneering hackathon aims to foster innovative business models for the adoption of zero-emission trucks in India, addressing the nation’s pressing economic and environmental challenges.
NITI Aayog has also invited students, transport service practitioners, academics, and researchers to develop innovative business models that address financial, technical, and operational challenges in the adoption of electric trucks. The program has garnered participation from e-FAST India knowledge partners, financial institutions, and industry forums.
The ‘NITI GearShift Challenge’ is being organised in collaboration with IIM Bangalore, Smart Freight Centre India, WRI India and other institutions. NITI Aayog said that the hackathon will unfold in two rounds. It said that the GearShift Challenge marks a pivotal move towards sustainable freight transportation in India.
Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).