India Must Be a Reliable Trade Partner to Compete in the EV Space
The global electric vehicle (EV) industry is expanding at a rapid pace, driven by advancements in battery technology, sustainability goals, and government incentives . India, with its ambitious vision for an EV revolution , has the potential to become a key player in this dynamic market. However, to establish itself as a trusted and competitive EV manufacturing hub, India must strengthen its supply chain, trade partnerships, and policy frameworks . India’s Growing EV Market: A Promising Landscape India is witnessing a surge in EV adoption , fueled by factors such as: The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) initiative Increasing investment in EV infrastructure A strong push for local battery production to reduce dependency on imports Rising consumer interest in sustainable mobility Despite these advancements, India's ability to compete on a global scale depends on its reliability as a trade partner and supply chain integrator ...