India’s EV incentive scheme: Incumbents brace for competition

Ananya Roy • June 06, 2025 / 08:22 IST

The government’s scheme to incentivise entry of global majors into the electric cars market poses a risk to incumbents, unless they pull up their socks

India’s EV sales amounted to $5 billion in 2024, and is projected to expand to $18 billion over the next 5 years.

To read the full story,

Are you a PRO subscriber? Sign In

Ad free Experience

Seamless navigation, faster responses.
Expert Perspective

Explore 230+ exclusive editorials every month
+

Uncover Insights from World-Renowned Experts and Journalists
Actionable Insights

40+ weekly investment ideas + 3 to 4 daily technical calls
Virtual Events

Exclusive Live Webinars for Expert Trading & Investment Strategies!
Newsletters

Stay ahead with daily and weekly insights

Unlock exclusive discounts