#shorts
🚗 EV Sector's Growth: Strong supply, demand, and ecosystem predict a bright future for Electric Vehicles.
🇮🇳 PM Modi's Take: Even India's Prime Minister Narendra Modi says, "EV is the future."
💰 Market Value: The EV market in India is currently valued at $4 billion and is predicted to reach $637 billion by 2032.
❓ What's in it for You?: I'm going to tell you about some companies in the EV sector where you can invest today and reap double benefits tomorrow.
🔋 Battery Sector: Companies like Amara Raja Energy and Exide Industries are the ones to watch.
🛠️ EV Manufacturing: For two-wheelers, it's TVS Motors and Hero Moto Corp. For four-wheelers, Tata Motors and Mahindra have a monopoly in India.
⚡ Charging Stations: Similar to petrol stations, separate charging stations will be set up. Companies winning government tenders for this include Tata Power Company and Indian Oil Corporation.
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