What Are the Growth Opportunities in the Electric Vehicle Charging Infrastructure in India?
Charging infrastructure in India is experiencing transformational growth due to upgrades to fast-charging points and sophisticated battery technology
This analysis assesses the current status of electric vehicle (EV) charging infrastructure in India and identifies future charging requirements by region and state. While the development of charging infrastructure in India is still in its early stages, it is growing rapidly to meet the increasing demand as consumer preference for EVs rises. Metropolitan and urban areas are leading in developing charging infrastructure, while rural and northeastern regions still require significant attention and investment.
The government is promoting the development of EV infrastructure through various initiatives, such as the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme, and by collaborating with private sector players. With further initiatives and substantial investments, India's EV charging network is expected to expand significantly over the next 7 years.
- How can you leverage the major industry megatrends and business models impacting the development of the EV charging landscape and charging infrastructure interoperability?
- How can you examine the operating charging infrastructure and identify the number of charging stations and points by state and region to better optimize your growth strategies?
- Which growth opportunities are emerging from the changes in this industry for key players and stakeholders to leverage?