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First reported by thehindubusinessline.com
India’s EV components market set to surge eightfold to ₹3.55 lakh cr by 2032: Report

India's EV Components Market May Reach ₹3.55 Lakh Crore by 2032: IESA&CES Report

A new IESA-CES report projects India's EV components market to grow from ₹41,000 crore in 2025 to ₹3.55 lakh crore by 2032, driven by rising EV adoption and domestic manufacturing.

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