The Indian Automobile market is one of the fastest growing market in the world. In the last few months, the sales of electric vehicles in the market have been steadily increasing. At present, Indian consumers are buying electric vehicles in view of rising petrol & diesel prices. So the vehicle manufacturers are announcing attractive scheme to attract more & more customers for increasing sale. As a result, the automobile manufactures are focusing on introducing & utilization of new technology, increasing productivity growth.
Various leading business groups of India and foreign country are scrambling to invest in this segment. Their Rapid moves tends are building now a strong position in the ecosystem of automobile sector. Indian companies from Reliance to TATA and foreign companies from Hyundai TO Tesla searching for opportunities here. Battery manufacturing, building a infrastructure of electric charging stations, semi conductor manufacturing and its supply, electric accessories for vehicles are opportunities ahead of this segment.
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