{"id":632977,"date":"2024-02-05T10:25:24","date_gmt":"2024-02-05T04:55:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632977"},"modified":"2024-02-05T10:59:14","modified_gmt":"2024-02-05T05:29:14","slug":"the-imperative-for-independent-growth-in-indias-ev-sector-beyond-fame-2-subsidies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/the-imperative-for-independent-growth-in-indias-ev-sector-beyond-fame-2-subsidies\/","title":{"rendered":"The imperative for independent growth in India\u2019s EV sector beyond FAME 2 subsidies"},"content":{"rendered":"<p>Sustainable options are becoming more and more popular as mindful consumption gains momentum. Promoting a natural lifestyle, a rising number of people have grown more aware of their actions, stressing environmental conservation. A Bain &amp; Company report shows that sustainability is becoming more popular in India, with 49% of customers prioritising their health and 20% prioritising social and environmental concerns. <\/p>\n<p>Amongst cutting-edge sustainable alternatives, one option that has gained tremendous popularity is electric vehicles. The size of the India electric vehicle market is projected to hit $34.80 billion in 2024 and is anticipated to grow at a compound annual growth rate (CAGR) of 26.05% to reach $107.74 billion by 2029, according to a report by Mordor Intelligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sustainable options are becoming more and more popular as mindful consumption gains momentum. Promoting a natural lifestyle, a rising number of people have grown more aware of their actions, stressing environmental conservation. A Bain &amp; Company report shows that sustainability is becoming more popular in India, with 49% of customers prioritising their health and 20% prioritising social and environmental concerns. Amongst cutting-edge sustainable alternatives, one option that has gained tremendous popularity is electric vehicles. The size of the India electric vehicle market is projected to hit $34.80 billion in 2024 and is anticipated to grow at a compound annual growth [&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":[130,240,138],"tags":[],"class_list":["post-632977","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632977","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=632977"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632977\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}