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Will India Become A Manufacturing Hub For Electric Vehicles In Five Years?

One reason why is that leaders at the helm of billion and trillion-dollar businesses are strongly considering realigning their supply chains. As supply chains become realigned, more products, including electric vehicles and their components will be manufactured domestically. Govt’s Actions To Make India Self-ReliantThe pandemic has highlighted that over-reliance on foreign supply chains makes the economy vulnerable to global shocks. As a result, there are more robust supply chains in India today than ever before. By 2025, on the back of deep domestic supply chains, and innovation, India will become a manufacturing hub for electric vehicles.

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