E Bike: IIT Delhi innovators launch e-bike, Auto News, ET Auto
E Bike: Creatara enters the Indian e-bike market at an opportune moment. The industry is experiencing explosive growth, with market size exceeding USD 1.18 billion in 2023 and a projected CAGR of 10.6%, reaching a staggering USD 2.92 billion by 2032 (IMARC Group). This surge stems from a growing desire for eco-friendly commuting solutions, spurred by factors like rising fuel prices, increasing awareness of environmental concerns, and government initiatives like the FAME scheme, the company said in a press release.