India needs up to $30 bn for EV charging infra to double growth pace: IESA

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India needs up to $30 bn for EV charging infra to double growth pace: IESA - Business Standard

Quick Summary:

India needs investment worth USD 20-30 billion in the EV charging infrastructure to double the pace of growth of the segment, industry body IESA said on Thursday.

To double this growth, investments worth USD 20-30 billion would be required, he said at the 'IESA India EV Fast Charging Summit' in the national capital.

Sharing his estimates, Dash said the EV charging infrastructure segment is growing at a rate of 25-30 per cent currently in India.