India Set to Become 4th Largest EV Maker by 2030

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India is on track to become the world’s fourth-largest manufacturer of electric cars by 2030, according to industry forecasts and government projections. Backed by strong policy support, rising demand, and increasing investments in EV infrastructure, India is rapidly scaling up its production capacity. 

The shift aligns with the country’s push toward sustainable mobility and reduced carbon emissions, with key players like Tata Motors, Mahindra, and global automakers investing heavily in the Indian EV market. The growth is also fueled by government incentives under schemes like FAME and PLI for advanced battery and vehicle manufacturing.

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