India to Export EVs to 100 Countries Soon
Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26.
Growth in Auto Exports
Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, that figure has risen to more than ₹1.2 lakh crore per year. The latest expansion will include electric vehicles, marking India’s entry into the global EV supply chain.
Industry and Policy Context
The Prime Minister pointed out that India now exports metro coaches, rail coaches, and locomotives, showcasing its growing industrial base. He linked the EV export milestone to strong economic fundamentals such as high foreign exchange reserves, controlled inflation, and employment growth. The August 26 event will also highlight new developments in the battery ecosystem, including hybrid battery component production in India.
Broader Significance
Officials said the initiative strengthens India’s position as a supplier of clean mobility solutions worldwide. It supports the national drive for self-reliance in manufacturing and aligns with global demand for sustainable transport, while boosting domestic EV adoption and competitiveness abroad.
