India EV Charging Infrastructure Market Share & Forecast, 2022-2028
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting , revealed that the India EV Charging Infrastructure Market is projected to grow at a CAGR of 33.0% during the forecast period. The India EV Charging Infrastructure Market is booming because of strong government initiatives like FAME India Scheme. The Government of India reduced tariffs for producing and using chargers and GST on EV chargers and charging stations to promote EV charging infrastructure. The installation of charging stations, charging plazas, and industrial tie-ups are driving the growth of the India EV charging infrastructure market during the forecast period 2022-2028. Strong Government Initiatives to Drive the Market Growth Over the past few years, state and federal governments have increased and continued their policy interventions to ensure the implementation of charging infrastructure. Treating EV charging as a "service" has been the f...