India among world’s fastest-growing EV markets; sold over 1 mn units in FY25: Kumaraswamy

India is now among the fastest-growing electric vehicle markets in the world, as over 1 million EV units were sold in the country in 2024-25, Union Minister HD Kumaraswamy said on Wednesday.

The minister for heavy industries and steel asserted that India’s automobile industry is on the threshold of transformation, transitioning from internal combustion to clean mobility, and from the domestic market to global aspirations.

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