Interim Budget 2024: EV industry stakeholders share a sense of optimism

The electric vehicle industry in India is seeing a new wave of stakeholders trying to do their bit to accelerate adoption of the green vehicles. The Finance Minister Nirmala Sitharaman while did not explicitly mention any new policies for the EV segment in India, but stated the focus on EV charging ecosystem which will create new earning opportunities. Industry stakeholders share their perspective on the same.

Anant Nahata, CEO, Exicom Group: “The government’s push to enhance the EV ecosystem in the country is a positive move. This will expand and support the growth of manufacturing and charging infrastructure in India and in turn promote further growth of the EV ecosystem.