E-mobility market in India to reach $238 billion by FY30

A recent report titled 'ELECTRIFY30' by Praxis Global Alliance has revealed that e-mobility ecosystem is expected to grow to $238 billion by FY30, growing at a CAGR of 38%. Overall Indian mobility ecosystem is projected to grow annually at 12% to $1.25 trillion by FY30. According to the report, e-mobility product opportunity will hit $94 billion.