The Report on the ‘Electromobility and India’ was released on December 3rd, in the presence of their majesties King Carl XVI Gustaf and Queen Silvia together with Ministers Ibrahim Baylan and Piyush Goyal, Guruprasad Mohapatra, DPIIT Secretary and ISBLRT India co-chair Baba Kalyani and Marcus Wallenberg. This was a collaboration between the Swedish Smart Grid Forum, Sweden India Business Council, and Confederation of Indian Industry (CII).
For the last two years, the Swedish Smart Grid Forum, Sweden India Business Council and the Confederation of Indian Industries have developed several business to business engagements with market insight reports. In the last 6 months we have focused on electromobility as a specific area for partnership between the two countries. The target audience is Swedish small and medium companies.
Private Actors such as Tata Power, Mahindra Electric and Ola have been a critical part of the understanding of the Indian marketplace. Central and state governments are key enablers. The report focuses on the actions taken by the central government and has selected 5 main Indian states for partnership.
The findings of the report are that; charging infrastructure and data management will be the strongest partnership possibilities for Swedish SMEs.Localisation and private sector participation are assumed factors for the success of India’s EV ambition.While Swedish SMEs will likely not be direct recipients of India’s policy actions, they do need to be aware of policy landscapes because this will be a strong influencing factor of in the direction of market sector actions.
Finally, SMEs looking at India should focus on state specific strategies. The report outlines 5 main states and the actions they are taking in the EV space.