Essar Green Mobility Aims for a Billion-Dollar Future in Green Trucking

Essar Green Mobility is poised for significant growth, aiming for a USD 1 billion turnover in its expanding green trucking business within the next three years. The company is committed to decarbonising heavy-duty long-haul trucks to support India's climate goals.

The venture, part of the Essar Group, focuses on providing clean fuel logistics solutions. It currently operates a fleet of heavy commercial vehicles powered by LNG and is moving towards electric trucks for shorter routes. This initiative is expected to ease crude oil consumption, a major contributor to the industry's environmental footprint.

Essar Green Mobility has invested USD 140 million into setting up manufacturing, owning trucks, and establishing fuelling stations. Their strategy could reduce logistics-related emissions by up to 40%, and further investment is planned to establish a biofuel complex, enhancing the ecological benefits.