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EV Charging Infrastructure Opportunities in India 2019-20
EV Charging Infrastructure Opportunities in India 2019-20
Email: ashutosh.gupta@nortechtrinity.com
Website: www.nortechtrinity.com
Ashutosh K. Gupta
MD & CEO
CONTENTS
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Why India?
– Why India?
India has become a very compelling Investment case that has promising prospects
Economic growth and development of any nation is directly correlated to its Infrastructure
and energy resources, especially in case of India which is the fourth largest consumer
market and has a vast infrastructure. In coming years India is set to be home of more
than 2 billion people and is going to be the largest consumer energy market. The India
Government has recognized the need for sustainable development of infrastructure,
problem of environment pollution and crunch of non-renewable resources. Electric
Vehicles(EVs) seems to be solution for the above predicament and Therefore Indian
Government has come up with policies to implement EV’s and EV’s Charging
Infrastructure and has scaled up its investment towards the same by 10 times.
India is also an attractive destination for Foreign Direct Investment (FDI) due to its first-
class outsources destinations, which offer cheap, skilled labor pools and expanding
middle class. Moreover, the Indian government focuses on implementing investor-friendly
policies, which enhances the attractiveness of the Indian market.
Formulating an inclusive market entry strategy indigenous in nature can help you
to become successful in the Indian market, whether you are looking to invest in
production facilities or to target the consumer or b2b market
India is signatory of UNCCC Paris Convention and has pledge to reduce its carbon
emission, already some of the major metro cities of India are some of the world’s most
polluted cities. Therefore Indian Government is actively pursuing to electrify it’s public
transport. According to reports by 2030, Electric Vehicle market in India will be
approximately INR 42,000 Crore (USD $60,000 Million). Already Indian Government has
issued tender for 5000 EV buses under FAME India Scheme –Phase I worth INR 1000
crore(USD $144 Million) to be introduce by 2022 .
As a result of further liberalization of the Indian market, it has become more easy
for investors to enter. However, due to country-specific complexities of doing
business in India, it remains a challenging business environment
Nortech Trinity has a large footprint in India and its professionals have experience
in helping foreign companies and investors do enter or grow in the Indian market.
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INDIA‟s ELECTRIC VEHICLE INFRASTRUCTURE
An Overview
Indian Government approved the proposal for the implementation of a program titled
„Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India
Phase II) with a total budget of ₹100 billion ($1.41 billion). The duration of the program is
three years with effect from April 1, 2019.
For the three and four-wheeled electric vehicles (e-3W and e-4W) segment, incentives will
be applicable mainly for vehicles used for public transport or registered for commercial
purposes.
The FAME Scheme has 4 focus areas i.e. Technology Development, Demand Creation,
Pilot Projects and Charging Infrastructure.
Overall, the government is expected to spend around INR 14,000 Crores (Approx. USD
$2 Billion) for this scheme, which includes incentives to the customers for purchasing
electric vehicles, incentives to the manufacturers for research and development
besides developing the charging infrastructure
Under phase 1 of this scheme, support was extended to buyers during the fiscal years
2015-16 (INR 260 Crores) and 2016-17 (INR Rs 535 Crores). Further incentives would
be provided depending upon the success of phase 1
Under the JNNURM (Jawaharlal Nehru National Urban Renewal Mission), NEMMP
(National Electric Mobility Mission Plan) and Smart city plans launched by the
government, various state and local transport bodies are expected to purchase
electric buses over the next 5 year .
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National Electric Mobility Mission Plan (NEMMP)-2020
National Electric Mobility Plan (NEMMP) 2020 targets to deploy 5 to 7 million electric
vehicles in the country by 2020.
NEMMP also targets 400,000 passenger battery electric cars (BEVs) by 2020 avoiding
120 million barrels of oil and 4 million tons of CO2.
Total investment required for this will be Rs. 20,000 – 23,000 Crores (approx. 3 billion
USD)
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Public Charging Infrastructure Minimum Requirement
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NORTECH TRINITY INTRODUCTION
We are driven by a group of motivated & experienced individuals with a thirst for thought
leadership. Our advisors possess a great understanding of business, superior problem
solving skills and most importantly, carry the sheer ethical values and confidentiality.
Our advantages:-
What sets us apart from many other advisory firms is our ability to
Cut through the noise
Influence with Expertise
Vast Network
Nortech Trinity helps companies navigate tough and competitive Indian market though
Nortech Trinity‟s vast network. We believe in empowering our clients through our
network in order to expand in India.
Nortech Trinity has a well-connected supply chain connectivity and process in the
field of Infrastructure, Oil & Gas, Energy, Steel, Coal and Heavy Industries domains.
Nortech Trinity also consults in commodity trading with a focus on Coal, Oil, Metals &
Minerals, Energy Products, and Chemicals.
Nortech Trinity has well-recognized industrial and marketing activities with a well-
supported global network to serve our clients at best.
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MR ASHUTOSH GUPTA- PROFILE
MD & CEO of Nortech Trinity Group
Excellent Network with Professionals & Technocrats within Coal, Oil & Gas, Energy and
Infrastructure domains.
Excellent Exposure in Pipeline Coatings, LNG Trading and Biofuels and working on
various ongoing projects in India.
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OPPORTUNITIES
1. Requirement for more than 10000 electric buses before FY 2021(worth USD $1.45
billion).
2. Civil Work related to Charging Infrastructure.
3. Charging Infrastructure for Electric Vehicles and Buses.
4. Electrical Vehicles for Indian Market under “Make it India” scheme.
Nortech Trinity shall be preparing an India Entry Strategy which majorly comprises
identifying the interested clients- segment and sector wise, Introducing , setting up the
meetings and presentations by Representative‟s Technical Team among the clients.
The Roadshow shall be focused approach to identify the prospective clients and arrange
meeting & Presentations, where we can present the Valued Products and Offerings
among the clients via Presentation, Demo and if given opportunity a Pilot Project.
Representative Company can be immensely benefitted by the Roadshow, conduct
presentations and deliberations to convince the Clients and obtain the LOI for the Pilot /
Full Projects.
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