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ISSN 2063-5346
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India @ 75: Charging the Future by Paving ELanes for Electric Vehicl

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Dr. Monica Penkar
» doi: 10.31838/ecb/2023.12.s1-B.308

Abstract

The Indian automobile industry is aptly known as the sunrise sector of the economy. Due to its forward and backward linkages, it has a strong multiplier effect. It is a barometer to measure how well the economy is performing. Future market augmentations are projected to be driven by new trends including the electrification of vehicles. Electric vehicles have hit the Indian market, but their penetration is less than satisfactory. Against this backdrop, the paper is an attempt to study the advantages of adopting cleaner technology. The paper concludes that India can achieve its true potential by pushing the accelerator and addressing the hurdles in EV's progress

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