The Battery Show India | 04-05-06 October 2023

Informa

04-05-06 October 2023

India Expo Center, Greater Noida

Electric Cars are Finding Their Next Gear

Electric vehicle (EV) sales in India are expected to cross 9 million units by 2027 and the industry is seen creating more than 10 million direct and 50 million indirect jobs by 2030, says an IVCA-EY-Induslaw report

The EV industry attracted $6 billion in investment in 2021. This could grow to $20 billion by 2030

Electrifying Indian Mobility

As per NITI AAYOG- Government think tank projects EV sales in India @70% for commercial vehicles, 40% for buses and 80% for 2 and 4 wheelers by 2030.
EV Valuation at USD 1.4 Bn in 2021, expected to register registering a CAGR of 47.09% during the FY (2022-2027).
The Government has approved the Production Linked Incentive (PLI) Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage' for achieving manufacturing capacity of Fifty (50) Giga Watt Hour (GWh).
Enhancing India's Manufacturing Capabilities with a budgetary outlay of USD 2.3 Bn.
Government of India notified the Phased Manufacturing Program (PMP) to promote indigenous manufacturing of EVs and components.
The Union Budget for FY23 gave a major emphasis on the sector and increased the fund allocation for the FAME scheme over three-fold to USD 365 Mn.

Securing sustainable battery supply: The race is on !!

India's Battery Market is poised to grow at CAGR @ 15% by 2027, The Battery Market in India is growing at a significant growth due to the increasing demand of EV sales

India’s Annual Battery Market Could Surpass $15 Billion by 2030: NITI Aayog Report | Mercom India

ADVANTAGE INDIA

Electric Cars are Finding Their Next Gear

Electrifying Indian Mobility

Securing sustainable battery supply: The race is on !!

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