Actual and Prospect situation of Electrical vehicles market in India

Actual and Prospect situation of the Electrical Vehicle Market in India this thesis aspires to bring out the economic perspective of Electric vehicles in Indian market.we study about the indian economy its growth and capabilities as an emerging markets for goods and service, we see india as one of the most culturally diverse country in the world which has different taste likes and dislikes about the same goods and service depending on the region to region. we aspire to study the demographic abilities of indian economy towards its goal for sustainable development and how a population of 1.36 billion can be poised to move in a sustainable way. As already know india has the least per capita carbon emission in the world but still in the evolving market and innovation environment india focus on the sustainability and its pledge to reduce carbon emission by a lots of measure which have been drafted and being implemented phase wise. the impact of innovation and idea generation and its capability to manufacture in large quantities makes india as one of the hub for fdi. the indian govenement has taken a idea to manufacturing one step forward by global initiative of MAKE IN INDIA, which give a push t manufacturing sector to make and produce for india and world. due to strategic location and a huge coastal line india becomes as one of the favourable place to manufacturer for the global market as it connects both to the middle east and the asia pacific region. the adaption of norms for the emission has led to various development in the field of mobility with EVs hybrid cars and the other innovative forms of zero emission vehicles being under process of development. since india is one of leading manufacturer of passenger and commercial vehicles it becomes an important place for electric vehicles market and is bound to grow almost by the factor of 10 in coming decades. in the thesis we research on how the government has drafted scheme to promote the electrical vehicle market and we summarize the situation of the current global market and the indian market for the changes which are going to evolve in coming decade.