The Future of Electric Cars in India and how it affects the Automobile Components Manufacturers

The automobile industry in India is one of the largest in the world. It accounts for 7.1% of the nation’s GDP. Also, owing to the growing middle class population, the two wheeler segment has 81% market share in the Indian Automobile market. Electric cars are steadily gaining momentum and in a few years it will take over. Also, the Government of India plans to make all the cars electric by 2030.

The Future of Electric Cars in India and how it affects the Automobile Components Manufacturers Continue reading The Future of Electric Cars in India and how it affects the Automobile Components Manufacturers