The announcement was made at The Economic Times World Leaders Forum 2025, where he tied the achievement to India’s growing strength in manufacturing and research.
PM Modi emphasized that India is no longer just a consumer market for EVs but is fast emerging as a global hub for design, development, and production.
The move fits into the government’s broader vision of positioning India as a key player in the global electric mobility supply chain.
The country’s EV industry has been expanding at a rapid pace, thanks to a mix of supportive policies, rising investments, and strong consumer demand.
In 2023, EV exports from India surged sharply, with orders flowing not only from neighbouring countries but also from European markets. Read more: $200 Billion EV Opportunity: What NITI Aayog’s 2030 Report Reveals
Homegrown and international automakers—including Tata Motors, Mahindra Electric, MG Motor India, Hyundai, and Hero Electric—have been at the forefront of this momentum.
On the domestic front, EV sales touched a record 1.9 million units in FY25. Two-wheelers and three-wheelers dominate the market, but four-wheeler sales are climbing steadily as infrastructure and affordability improve.
India’s broader automobile exports have nearly doubled over the past decade, and the EV drive is expected to push this trajectory even further.
A key milestone will come on August 26, 2025, in Hansalpur, Ahmedabad, where India will officially flag off EV shipments to 100 countries, coinciding with the launch of localized battery manufacturing.
Industry analysts say the initiative could generate significant employment, draw foreign capital, and fast-track India’s ambition to become a global leader in clean mobility.
