India’s Electric Vehicle (‘EV’) industry is still at its nascent stage; however, given the country’s market size coupled with the Government’s aggressive EV adoption policy, EV sales in India have grown by 20 percent at 1.56 lakh units in FY 2019-20. The backbone to this is the various policies and incentives announced by the Central and State Governments. India’s recent EV push is also a part of its clean energy future framework, which is in harmony with the Paris climate agreement. We are happy to share our report in which we have analyzed the Indian Government’s contribution towards revolutionizing the domestic EV market. Hope you find this a good read.
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