Analyzing 'Make in India' Impact on the Automobile Sector
"Make in India" has significantly boosted India's automobile industry, evident from increased production and exports over the last five years. Electric vehicle (EV) production, though still emerging, shows a growing trend, particularly among two and three-wheelers. Key government initiatives, such as the Production Linked Incentive (PLI) schemes, aim to further enhance EV manufacturing and localization of critical components in India.
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