India has the vision and capability to be in the forefront in the global EV revolution.
With Indian Government's renewed thrust on electric mobility like
E-Amrit(Government Portal), announcement of Auto PLI. PLI for ACC Battery manufacturing and the modifications of the FAME - II scheme, opportunities in e-mobility in India are likely to be irresistible. In this regard, ACMA with the support of SIAM is organizing a Global Summit & Exhibition on EVs - Transforming Mobility on March 23rd and 24th 2022, (Physical Show). The event will not only witness industry leaders discuss the roadmap of electric mobility in India, but will also showcase the capabilities and products manufactured by the domestic component Industry for Elecric Vehicles. Global e-mobility players from Germany, Korea, Taiwan, UK among others have also been invited to join the conference and visit the Expo.
Indian auto component industry derives 29% of its revenue from the global market with Europe and North America accounting for 62% of exports from India. These markets would undergo significant development/modifications with electrification, hence it is imperative for the industry to be future ready. Take a closer look at the opportunities presented by electrification and showcase their capabilities to the world.
Plus 18% GST
Plus 18% GST