MUMBAI, Feb. 14 -- The slowdown in the automobile industry is temporary and it will bounce back soon, Amitabh Kant, chief executive (CEO) of NITI Aayog, said. India cannot remain isolated from the shift to zero-emission standards, and must take the leadership in the electric vehicle revolution, he said on the sidelines of the 2020 Auto Expo. Edited excerpts from an interview:
What do you think is the fundamental reason behind the slowdown in the automotive industry?
We are witnessing a transformational shift in the mobility domain, where the world is shifting towards shared and connected forms of transport. Morgan Stanley, in its report, said India will be a key driver of shared, connected and zero-emission mobility. The report also state...