Electric Vehicles in Rural India will open New venture opportunities in Rural India. It will promote self-employment and boost the Economy.

Demand and Supply

As per the Economic Survey 2023 data it can be predicted that India’s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. Additionally, the electric vehicle industry is projected to create around 50 million direct and indirect jobs by 2030

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