{"id":509438,"date":"2022-07-28T08:48:20","date_gmt":"2022-07-28T03:18:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509438"},"modified":"2022-07-28T09:13:43","modified_gmt":"2022-07-28T03:43:43","slug":"ev-industry-may-create-50-mn-indirect-jobs-by-2030-ivca-ey-induslaw-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-industry-may-create-50-mn-indirect-jobs-by-2030-ivca-ey-induslaw-report\/","title":{"rendered":"EV industry may create 50 mn indirect jobs by 2030: IVCA-EY-Induslaw report"},"content":{"rendered":"<p>Electric vehicle (EV) sales in India are expected to cross 9 million units by 2027 and the industry is seen creating more than 10 million direct and 50 million indirect jobs by 2030, says an IVCA-EY-Induslaw report.<\/p>\n<p>The EV industry attracted $6 billion in investment in 2021. This could grow to $20 billion by 2030. In a sign that the EV market is drawing the attention of private equity\/venture capital investors in India, such investments are estimated to grow from $181 million to $1,718 million during the same period \u2013 an annual growth rate of 849%. \u201cThis (PE\/VC investment) has reached about $666 million in 2022 so far,\u201d said Rajat Tandon, president of the Indian Private Equity and Venture Capital Association (IVCA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric vehicle (EV) sales in India are expected to cross 9 million units by 2027 and the industry is seen creating more than 10 million direct and 50 million indirect jobs by 2030, says an IVCA-EY-Induslaw report. The EV industry attracted $6 billion in investment in 2021. This could grow to $20 billion by 2030. In a sign that the EV market is drawing the attention of private equity\/venture capital investors in India, such investments are estimated to grow from $181 million to $1,718 million during the same period \u2013 an annual growth rate of 849%. \u201cThis (PE\/VC investment) has [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-509438","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509438"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509438\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}