Government ka target 2030 tak road par 30 percent electric vehicles lane ka FAME program ke expansion par dependent hai.
Saath hi, ek normal monsoon ka forecast hone ki wajah se rural recovery ke prospects bright lag rahe hain.
Auto industry yeh umeed kar rahi hai ki aane wala Budget rural income ko boost karne par zyada zor dega, jo automobiles, specially two-wheelers ki demand badha sakta hai.
Broadly, auto industry apni umeedein two-wheeler segment par laga rahi hai.
Two-wheelers, jo last few quarters se industry growth ko lead kar rahe hain, targeted incentives jaise FAME 3.0 (Faster Adoption and Manufacturing of Electric Vehicles) ki umeed kar rahe hain. Aise incentives electric two-wheelers ko zyada affordable bana sakte hain aur unki adoption ko accelerate kar sakte hain.
Morgan Stanley ke Binay Singh suggest karte hain ki two-wheelers, three-wheelers, aur e-buses government ke key focus areas honge jab current Electric Mobility Promotion Scheme (EMPS) July 31, 2024 ko khatam hogi.
“Hum local battery production aur innovation ke liye zyada support anticipate kar rahe hain, jo EVs ke sustainability aur cost-effectiveness ke liye critical hai. ‘Make in India’ initiative aur localized manufacturing of electric two-wheelers ko zyada backing milne se Indian manufacturers efficient aur sustainable mobility solutions bana sakte hain jo international brands ke saath compete kar sakein,” kaha Chakravarthi C, Managing Director of Quantum Energy ne.
Prassann Daphal, CEO at Recyclekaro, believe karte hain ki government ka target 2030 tak road par 30 percent electric vehicles lane ka FAME program ke expansion par dependent hai, jise EV industry actively advocate kar rahi hai.
Unhone add kiya, “Ek specialized PLI plan recycling lithium-ion batteries ke liye propose kiya ja raha hai. Yeh plan recycling industry ke growth ko encourage karne aur India’s sustainability goals mein significantly contribute karne ka aim rakhta hai. Government is initiative ko support kar sakti hai PLI scheme ko entire value chain, manufacturing se recycling tak, ko encompass karne ke liye extend karke.”
Segment ke major players ne last month mein apna share 3 percent tak slip hote dekha hai. Hero MotoCorp is period mein worst performer raha hai.
Disclaimer- This article is for educational purposes only. Do not invest your hard-earned money without consulting your financial advisor and conducting your analysis.
