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EVs currently account for around 5 per cent of India’s automobile market, but that figure is projected to grow to 40 per cent by 2030.

New delhiPuneet guptaAshish bagadiaRamit kapurVinnie mehtaInternational energy agencyBain coAutomotive component manufacturers association of indiaBain co pantTata motorsStrategic studies at centerMihir pantOla electricFaster adoptionElectric vehiclesStrategic studies