India’s EV Sector Gears Up for Boom: Import Tax Cuts and 200K Jobs by 2030
by Mr Sachin Alug, CEO, NLB Services on the new EV scheme and its potential impact on the employment.
“The announcement of the new EV policy is a pivotal move in fast-tracking India’s green mobility goals. By tying import duty concessions to local manufacturing commitments, the government is sending a clear message to global EV players: India welcomes investment, but with a strong emphasis on ‘Make in India’. This strategic approach not only encourages foreign participation but also reinforces the domestic ecosystem, paving the way for job creation and technological advancement. To help India cut down carbon emissions by a whopping 1 billion tonnes, the EV industry is expected to have 200,000 professionals in the workforce by 2030. As the sector expands, we expect a notable rise in demand for roles in EV software management, embedded electronics, UI/UX designers, Ionic developers, etc.”
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