Subhabrata Sengupta, Executive Director of Avalon Consulting gave his thoughts on “Indian electric car makers charge up to head off overseas rivals” to NikkeiAsia

Subhabrata Sengupta’s view is that “Global players definitely have the advantage of scale, but Indian businesses have done well at innovating despite staying frugal. There will be enough capital flowing into them for product development that will lead to a strong product pipeline in the next four to five years. We will see a strong uptake of EVs, maybe not enough to meet the government’s target, but not very far from it either”.

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