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India Gazette
13-06-2025
- Automotive
- India Gazette
DGT and Shell India jointly launch Green Skills-focused EV training program to empower youth
New Delhi [India], June 13 (ANI): The Directorate General of Training (DGT), under the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Shell India, launched a Green Skills and Electric Vehicles (EV) training program aimed at equipping students and faculty with future-ready capabilities in green energy and e-mobility. This initiative will be implemented by Edunet Foundation, training partner of Shell, across select Industrial Training Institutes (ITIs) and National Skill Training Institutes (NSTIs) in Delhi-NCR, Gujarat, Maharashtra, Tamil Nadu, and Karnataka on 12th June 2025, according to the Ministry of Skill Development and Entrepreneurship. Under the DGT-Shell India collaboration, green skill training will be delivered through a structured multi-tier model across select NSTIs and ITIs. In the first phase, the program includes a 240-hour advanced EV Technician course at 4 NSTIs, a 90-hour job-oriented EV skills course at 12 ITIs equipped with Shell-supported labs, and a 50-hour foundational green skills module at additional ITIs without physical labs. The curriculum, jointly developed by Shell, Edunet Foundation, and DGT, covers EV systems, diagnostics, battery technology, digital tools, and safety protocols. The initiative also includes Training of Trainers (ToT) for over 250 instructors, certification co-branded by Shell and DGT, and structured placement support to enhance industry readiness. A key highlight of the initiative is the establishment of specialised EV skill labs within select ITIs and NSTIs. These labs are designed to offer hands-on training and expert-led sessions aligned with industry standards. Beyond lab-based learning, the program also provides placement support and co-branded certifications to successful participants, enhancing their employability in the green energy and EV sectors. The Government of India has been actively advancing Green Energy and Electric Vehicle (EV) adoption in line with its net-zero ambitions. Flagship initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme have played a pivotal role in accelerating EV uptake, enhancing infrastructure, and offering targeted incentives. Complementing these national efforts, states like Delhi, Maharashtra, and Tamil Nadu have introduced their own EV policies to fast-track the transition to electric mobility, foster local ecosystems, and generate green jobs. These developments underscore the growing demand for a skilled workforce in the green energy and EV sectors. As the apex national body for vocational training, DGT will play a crucial role in this initiative by mobilizing students and trainers and supporting the institutional ecosystem to ensure alignment with national education and skill development standards. Speaking on the importance of this initiative, Minister of State (Independent Charge), MSDE and Minister of State for Education, Jayant Chaudhary said, 'Our collaboration with Shell India reflects the government's deeper commitment to aligning skilling with sustainability. Green energy, electric mobility, and the broader climate transition are not just environmental imperatives--they represent a generational opportunity for India to lead through innovation, talent, and enterprise. This initiative is part of our larger vision to create a workforce that is not only job-ready, but climate-ready. We are equipping young Indians with the skills to shape--and not just participate in--the global green economy.' Director General, Directorate General of Training (DGT), MSDE, Trishaljit Sethi, stated, 'This partnership with Shell India is a focused step in bringing cutting-edge training infrastructure and industry-relevant curriculum into our ITIs and NSTIs. By integrating electric vehicle technologies into vocational training, we are ensuring that our students gain hands-on experience that is aligned with real-world demand. With joint certification, trainer upskilling, and placement support built into the program, this initiative will significantly strengthen the employability of our youth in the green mobility sector.' Speaking on the partnership, Chairperson, Shell Group of Companies in India & Senior Vice President, Shell Lubricants, Asia-Pacific, Mansi Madan Tripathy said, 'At Shell, we aim to support local communities by enabling future employment opportunities. Equipping youth with green energy skills is an important step towards building a lower-carbon future. Through our collaboration with DGT and Edunet Foundation, we are providing students with practical and future-ready expertise in green energy and electric mobility. This initiative empowers young people to thrive in an evolving energy landscape and contribute towards India's net-zero ambitions'. This collaboration between DGT and Shell India is a robust move in preparing India's youth for careers in the future green economy. By offering a comprehensive curriculum, specialized labs, and industry support, the initiative will equip students with hands-on skills and certifications, enhancing their employability and positioning them to lead in a sustainable, innovation-driven future. (ANI)
India Gazette
13-06-2025
- Automotive
- India Gazette
Government launches skill training programs in green energy and electric vehicles
New Delhi [India], June 13 (ANI): The government's Ministry of Skill Development and Entrepreneurship (MSDE) and Shell India have launched a Green Skills and Electric Vehicles (EV) training program aimed at equipping students and faculty with future-ready capabilities in green energy and e-mobility. The Ministry of Skill Development and Entrepreneurship said in a release that the initiative will be implemented by Edunet Foundation, Shell's training partner, across select Industrial Training Institutes (ITIs) and National Skill Training Institutes (NSTIs) in Delhi-NCR, Gujarat, Maharashtra, Tamil Nadu, and Karnataka on June 12, 2025. The release added under the DGT-Shell India collaboration, green skill training will be delivered through a structured multi-tier model across select NSTIs and ITIs. In the first phase, the program includes a 240-hour advanced EV Technician course at 4 NSTIs, a 90-hour job-oriented EV skills course at 12 ITIs equipped with Shell-supported labs, and a 50-hour foundational green skills module at additional ITIs without physical labs. Shell, Edunet Foundation, and DGT jointly developed the curriculum, which covers EV systems, diagnostics, battery technology, digital tools, and safety protocols. The initiative also includes Training of Trainers (ToT) for over 250 instructors, certification co-branded by Shell and DGT, and structured placement support to enhance industry readiness. A key highlight of the initiative is the establishment of specialised EV skill labs within select ITIs and NSTIs. These labs are designed to offer hands-on training and expert-led sessions aligned with industry standards. Beyond lab-based learning, the program also provides placement support and co-branded certifications to successful participants, enhancing their employability in the green energy and EV sectors. The Government of India has been actively advancing Green Energy and Electric Vehicle (EV) adoption in line with its net-zero ambitions. Flagship initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme have played a pivotal role in accelerating EV uptake, enhancing infrastructure, and offering targeted incentives. Complementing these national efforts, states like Delhi, Maharashtra, and Tamil Nadu have introduced their own EV policies to fast-track the transition to electric mobility, foster local ecosystems, and generate green jobs. These developments underscore the growing demand for a skilled workforce in the green energy and EV sectors. As the apex national body for vocational training, DGT will play a crucial role in this initiative by mobilising students and trainers and supporting the institutional ecosystem to ensure alignment with national education and skill development standards.(ANI)
Time of India
09-06-2025
- Automotive
- Time of India
Power shift: How Tesla's turmoil is steering global capital towards India
In the high-stakes arena of global business and politics, few collisions make markets tremble like the fallout between a tech titan and a political juggernaut. This is exactly what unfolded in early June 2025 when Elon Musk , the CEO of Tesla and SpaceX, clashed publicly with former U.S. President Donald Trump . The result? This was a devastating blow to Tesla's stock, which plunged by over 14% in a single day, wiping out an estimated $150 billion in market capitalisation. This was not just a stock market blip; it was the most severe single-day loss for Tesla since its listing and one of the most dramatic wealth erasures in corporate history. The catalyst? Trump's verbal attacks on Musk during a campaign rally, accusing him of being "disloyal" and threatening to cut off federal contracts and regulatory support for Tesla and SpaceX if he regains the presidency, were also included. Investors responded with a swift selloff, and Tesla's valuation fell below the trillion-dollar mark. Global markets watched in shock as this political-personal feud spilled over into financial chaos. However, amid this volatility lies a powerful truth: in global disruption, emerging markets like India often find their greatest opportunities. As the U.S. grapples with political instability and tech industry turbulence, India stands poised to benefit from capital reallocation, tech realignment, and supply chain diversification. While damaging to U.S. markets, the Tesla shockwave could become a springboard for India's clean-tech and high-growth sectors. India's EV Ecosystem: Charging Ahead as Tesla Slows Down India has been on an accelerated path toward electrification, and Tesla's current struggles have only sharpened the global spotlight on India's domestic electric vehicle (EV) ecosystem. As Tesla faces regulatory headwinds and reduced investor confidence, India's homegrown EV sector is booming, powered by market demand and policy incentives. In the fiscal year 2024–25, India's EV market crossed a new milestone with over 1.7 million electric vehicles sold, reflecting a 96% year-on-year increase. Leading the charge are Indian companies such as Tata Motors, Mahindra Electric, and Ola Electric, which have committed billions of rupees to expand their EV product lines, charging infrastructure, and battery assembly capabilities. The Indian government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles(FAME-II) scheme and the Production-Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage worth ₹18,100 crore have further catalysed industry momentum. States such as Tamil Nadu, Gujarat, and Maharashtra have introduced EV-specific policies offering land, tax exemptions, and power subsidies to manufacturers. As global investors rethink high-risk bets in politically volatile environments such as the U.S., they are increasingly drawn to India's policy stability, market scale, and rising consumer demand. Analysts at Morgan Stanley and Goldman Sachs recently highlighted India's EV sector as a 'structural investment theme' for the next decade. Tesla's hiccups may prompt global auto majors to partner with or invest in Indian EV startups as a hedge against Western uncertainty, creating an entirely new lane for India's industrial growth. Supply Chain and Clean-Tech Investment: India as the Next Global Pivot Tesla's valuation collapse was not just a corporate crisis; it exposed the deeper fragility of global supply chains tethered to geopolitical risks. Tesla's core supply lines depend heavily on rare earth elements (REEs), lithium, and semiconductors, many of which are sourced from China, South America, or politically sensitive regions. With U.S.–China tensions rising and Trump threatening tighter trade policies, the world's clean energy future needs new anchors—and India is stepping into that vacuum. In response to the rising global demand and strategic concerns, India unveiled its Critical Minerals Strategy (2023), identifying 30 minerals, including lithium, cobalt, and nickel, as essential for national security and industrial development. The Geological Survey of India discovered a significant 5.9-million-ton lithium reserve in Jammu and Kashmir—India's first—and auction processes are already underway for its commercial extraction. Meanwhile, India's semiconductor manufacturing mission—backed by a ₹76,000 crore incentive package—has begun bearing fruit. Micron Technology, in collaboration with Tata Group, is establishing chip assembly and testing units in Gujarat. These developments are being closely monitored by global players looking to diversify away from China and the U.S. India's proven IT prowess, skilled workforce, and competitive cost structures provide it with a unique advantage in scaling both battery and semiconductor supply chains. According to BloombergNEF, global clean energy investments are expected to cross $2 trillion in 2025, and India is projected to attract nearly $60 billion, up from $45 billion in 2024. The Tesla–Trump debacle added urgency to this diversification. Indian companies working in battery storage, solar inverters, EV components, and green hydrogen can now tap into redirected global capital that would have otherwise flown into American companies. Moreover, India's space technology sector, often overlooked, is quietly booming. As Trump's remarks also targeted SpaceX and its satellite network Starlink, Indian startups like Skyroot Aerospace, Agnikul Cosmos, and Pixxel are seizing the moment to attract international investments. With 30 private satellite launches scheduled for 2025 and a supportive government ecosystem, India's space economy could grow to $13 billion by 2026, up from $7 billion in 2022, according to the EY-ISpA. Disruption for Some, Direction for Others The Musk–Trump standoff may have caused a ripple of fear in U.S. markets, but for India, it is a signal to act. As Western investors reassess the risks of politicised corporate battles, India offers a pragmatic alternative rooted in stable policy, scalable infrastructure, and strategic clarity. The Tesla fallout, while costly for America's most iconic EV brand, might accelerate India's emergence as a global industrial and investment powerhouse. In the wreckage of a $150 billion loss lies the blueprint for India's trillion-dollar leap.
Economic Times
09-06-2025
- Automotive
- Economic Times
Power shift: How Tesla's turmoil is steering global capital towards India
Getty Images (Image for representation) The Musk–Trump standoff may have caused a ripple of fear in US markets, but for India, it is a signal to act. In the high-stakes arena of global business and politics, few collisions make markets tremble like the fallout between a tech titan and a political juggernaut. This is exactly what unfolded in early June 2025 when Elon Musk, the CEO of Tesla and SpaceX, clashed publicly with former U.S. President Donald Trump. The result? This was a devastating blow to Tesla's stock, which plunged by over 14% in a single day, wiping out an estimated $150 billion in market capitalisation. This was not just a stock market blip; it was the most severe single-day loss for Tesla since its listing and one of the most dramatic wealth erasures in corporate catalyst? Trump's verbal attacks on Musk during a campaign rally, accusing him of being "disloyal" and threatening to cut off federal contracts and regulatory support for Tesla and SpaceX if he regains the presidency, were also included. Investors responded with a swift selloff, and Tesla's valuation fell below the trillion-dollar mark. Global markets watched in shock as this political-personal feud spilled over into financial amid this volatility lies a powerful truth: in global disruption, emerging markets like India often find their greatest opportunities. As the U.S. grapples with political instability and tech industry turbulence, India stands poised to benefit from capital reallocation, tech realignment, and supply chain diversification. While damaging to U.S. markets, the Tesla shockwave could become a springboard for India's clean-tech and high-growth sectors. India has been on an accelerated path toward electrification, and Tesla's current struggles have only sharpened the global spotlight on India's domestic electric vehicle (EV) ecosystem. As Tesla faces regulatory headwinds and reduced investor confidence, India's homegrown EV sector is booming, powered by market demand and policy incentives. In the fiscal year 2024–25, India's EV market crossed a new milestone with over 1.7 million electric vehicles sold, reflecting a 96% year-on-year increase. Leading the charge are Indian companies such as Tata Motors, Mahindra Electric, and Ola Electric, which have committed billions of rupees to expand their EV product lines, charging infrastructure, and battery assembly capabilities. The Indian government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles(FAME-II) scheme and the Production-Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage worth ₹18,100 crore have further catalysed industry momentum. States such as Tamil Nadu, Gujarat, and Maharashtra have introduced EV-specific policies offering land, tax exemptions, and power subsidies to manufacturers. As global investors rethink high-risk bets in politically volatile environments such as the U.S., they are increasingly drawn to India's policy stability, market scale, and rising consumer at Morgan Stanley and Goldman Sachs recently highlighted India's EV sector as a 'structural investment theme' for the next decade. Tesla's hiccups may prompt global auto majors to partner with or invest in Indian EV startups as a hedge against Western uncertainty, creating an entirely new lane for India's industrial valuation collapse was not just a corporate crisis; it exposed the deeper fragility of global supply chains tethered to geopolitical risks. Tesla's core supply lines depend heavily on rare earth elements (REEs), lithium, and semiconductors, many of which are sourced from China, South America, or politically sensitive U.S.–China tensions rising and Trump threatening tighter trade policies, the world's clean energy future needs new anchors—and India is stepping into that vacuum. In response to the rising global demand and strategic concerns, India unveiled its Critical Minerals Strategy (2023), identifying 30 minerals, including lithium, cobalt, and nickel, as essential for national security and industrial Geological Survey of India discovered a significant 5.9-million-ton lithium reserve in Jammu and Kashmir—India's first—and auction processes are already underway for its commercial extraction. Meanwhile, India's semiconductor manufacturing mission—backed by a ₹76,000 crore incentive package—has begun bearing fruit. Micron Technology, in collaboration with Tata Group, is establishing chip assembly and testing units in Gujarat. These developments are being closely monitored by global players looking to diversify away from China and the U.S. India's proven IT prowess, skilled workforce, and competitive cost structures provide it with a unique advantage in scaling both battery and semiconductor supply to BloombergNEF, global clean energy investments are expected to cross $2 trillion in 2025, and India is projected to attract nearly $60 billion, up from $45 billion in 2024. The Tesla–Trump debacle added urgency to this diversification. Indian companies working in battery storage, solar inverters, EV components, and green hydrogen can now tap into redirected global capital that would have otherwise flown into American India's space technology sector, often overlooked, is quietly booming. As Trump's remarks also targeted SpaceX and its satellite network Starlink, Indian startups like Skyroot Aerospace, Agnikul Cosmos, and Pixxel are seizing the moment to attract international investments. With 30 private satellite launches scheduled for 2025 and a supportive government ecosystem, India's space economy could grow to $13 billion by 2026, up from $7 billion in 2022, according to the Musk–Trump standoff may have caused a ripple of fear in U.S. markets, but for India, it is a signal to act. As Western investors reassess the risks of politicised corporate battles, India offers a pragmatic alternative rooted in stable policy, scalable infrastructure, and strategic clarity. The Tesla fallout, while costly for America's most iconic EV brand, might accelerate India's emergence as a global industrial and investment powerhouse. In the wreckage of a $150 billion loss lies the blueprint for India's trillion-dollar leap. The contributors is Assistant Professor and Research Supervisor, St. Thomas College (Autonomous), Thrissur – Kerala.
Time of India
09-06-2025
- Automotive
- Time of India
Power shift: How Tesla's turmoil is steering global capital towards India
EV calculator How much will I save if I choose an electric vehicle? SELECT vehicle type Calculate India's EV Ecosystem: Charging Ahead as Tesla Slows Down Live Events Supply Chain and Clean-Tech Investment: India as the Next Global Pivot Disruption for Some, Direction for Others (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel In the high-stakes arena of global business and politics, few collisions make markets tremble like the fallout between a tech titan and a political juggernaut. This is exactly what unfolded in early June 2025 when Elon Musk , the CEO of Tesla and SpaceX, clashed publicly with former U.S. President Donald Trump . The result? This was a devastating blow to Tesla's stock, which plunged by over 14% in a single day, wiping out an estimated $150 billion in market capitalisation. This was not just a stock market blip; it was the most severe single-day loss for Tesla since its listing and one of the most dramatic wealth erasures in corporate catalyst? Trump's verbal attacks on Musk during a campaign rally, accusing him of being "disloyal" and threatening to cut off federal contracts and regulatory support for Tesla and SpaceX if he regains the presidency, were also included. Investors responded with a swift selloff, and Tesla's valuation fell below the trillion-dollar mark. Global markets watched in shock as this political-personal feud spilled over into financial amid this volatility lies a powerful truth: in global disruption, emerging markets like India often find their greatest opportunities. As the U.S. grapples with political instability and tech industry turbulence, India stands poised to benefit from capital reallocation, tech realignment, and supply chain diversification. While damaging to U.S. markets, the Tesla shockwave could become a springboard for India's clean-tech and high-growth has been on an accelerated path toward electrification, and Tesla's current struggles have only sharpened the global spotlight on India's domestic electric vehicle (EV) ecosystem. As Tesla faces regulatory headwinds and reduced investor confidence, India's homegrown EV sector is booming, powered by market demand and policy the fiscal year 2024–25, India's EV market crossed a new milestone with over 1.7 million electric vehicles sold, reflecting a 96% year-on-year increase. Leading the charge are Indian companies such as Tata Motors, Mahindra Electric, and Ola Electric, which have committed billions of rupees to expand their EV product lines, charging infrastructure, and battery assembly Indian government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles(FAME-II) scheme and the Production-Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage worth ₹18,100 crore have further catalysed industry momentum. States such as Tamil Nadu, Gujarat, and Maharashtra have introduced EV-specific policies offering land, tax exemptions, and power subsidies to manufacturers. As global investors rethink high-risk bets in politically volatile environments such as the U.S., they are increasingly drawn to India's policy stability, market scale, and rising consumer at Morgan Stanley and Goldman Sachs recently highlighted India's EV sector as a 'structural investment theme' for the next decade. Tesla's hiccups may prompt global auto majors to partner with or invest in Indian EV startups as a hedge against Western uncertainty, creating an entirely new lane for India's industrial valuation collapse was not just a corporate crisis; it exposed the deeper fragility of global supply chains tethered to geopolitical risks. Tesla's core supply lines depend heavily on rare earth elements (REEs), lithium, and semiconductors, many of which are sourced from China, South America, or politically sensitive U.S.–China tensions rising and Trump threatening tighter trade policies, the world's clean energy future needs new anchors—and India is stepping into that vacuum. In response to the rising global demand and strategic concerns, India unveiled its Critical Minerals Strategy (2023), identifying 30 minerals, including lithium, cobalt, and nickel, as essential for national security and industrial Geological Survey of India discovered a significant 5.9-million-ton lithium reserve in Jammu and Kashmir—India's first—and auction processes are already underway for its commercial extraction. Meanwhile, India's semiconductor manufacturing mission—backed by a ₹76,000 crore incentive package—has begun bearing fruit. Micron Technology, in collaboration with Tata Group, is establishing chip assembly and testing units in Gujarat. These developments are being closely monitored by global players looking to diversify away from China and the U.S. India's proven IT prowess, skilled workforce, and competitive cost structures provide it with a unique advantage in scaling both battery and semiconductor supply to BloombergNEF, global clean energy investments are expected to cross $2 trillion in 2025, and India is projected to attract nearly $60 billion, up from $45 billion in 2024. The Tesla–Trump debacle added urgency to this diversification. Indian companies working in battery storage, solar inverters, EV components, and green hydrogen can now tap into redirected global capital that would have otherwise flown into American India's space technology sector, often overlooked, is quietly booming. As Trump's remarks also targeted SpaceX and its satellite network Starlink, Indian startups like Skyroot Aerospace, Agnikul Cosmos, and Pixxel are seizing the moment to attract international investments. With 30 private satellite launches scheduled for 2025 and a supportive government ecosystem, India's space economy could grow to $13 billion by 2026, up from $7 billion in 2022, according to the Musk–Trump standoff may have caused a ripple of fear in U.S. markets, but for India, it is a signal to act. As Western investors reassess the risks of politicised corporate battles, India offers a pragmatic alternative rooted in stable policy, scalable infrastructure, and strategic clarity. The Tesla fallout, while costly for America's most iconic EV brand, might accelerate India's emergence as a global industrial and investment powerhouse. In the wreckage of a $150 billion loss lies the blueprint for India's trillion-dollar contributors is Assistant Professor and Research Supervisor, St. Thomas College (Autonomous), Thrissur – Kerala.
