Inside India's $25.6 Billion Push To Build Core EV Tech, Cut Imports

India is investing $25.6 billion to develop core electric vehicle technology and reduce import dependence.

Electric vehicle sales in India crossed 2 million units in FY25, according to industry estimates.

The push aims to build domestic manufacturing capabilities for EV components such as batteries and power electronics.

The initiative seeks to lower reliance on imports, particularly from China, which dominates EV supply chains.

Government policies and incentives are driving this investment as part of the broader 'Make in India' strategy.