India projected to be fourth largest electric car manufacturer by 2030, China to lead: Report

From The Economic Times

“Synopsis
India’s electric four-wheeler manufacturing capacity is projected to surge tenfold by 2030, positioning it as a major global player. While domestic demand is expected to increase, production capacity will likely exceed it, creating export opportunities. To compete with China, Indian manufacturers must focus on reducing costs, with government support and protectionist policies playing a crucial role in the industry’s growth.”

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By ET Online 20 June 2025

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