“There is a global trend of moving towards electric vehicles and some large western automakers have made commitments to go completely electric vehicle. In India the government seems to be pushing electric vehicles. This of course will generate need for the whole ecosystem of components, batteries and charging stations to evolve and hence we are seeing a strong interest from several corporates to enter this space.”

Harish H.V.
Partner, Grant Thornton India LLP

This article appeared in Live Mint on 20th September, 2017.