"OUR VISION IS TO BECOME A TIER-1 PROVIDER OF E-POWERTRAIN SOLUTIONS AND POWER SUPPLY SYSTEMS"

A look at how Inovance Technology India is bringing its EV experience and engineering know-how to India as the country moves towards wider digitisation and greater environmental sustainability.

- Anil Kumar

As the electric vehicle (EV) industry continues to boom in India, Inovance is bringing its expertise to the market. The company is already a huge supplier to the overseas EV industry and has built a strong brand in India as a leading supplier to the industrial automation and elevator industries. We are bringing our EV experience and engineering knowhow to India as the country moves towards wider digitisation and greater environmental sustainability.

INDIAN EV INDUSTRY DEMONSTRATES EXPONENTIAL GROWTH

India has one of the fastest-growing economies and the third-largest population in the world. The automotive industry is a major contributor to India's economy, accounting for 7.1 per cent of its GDP and providing significant employment. The electric vehicle industry in India has demonstrated exponential growth in the past two years, and manufacturers and policymakers are investing more in greener transportation. Electric vehicles offer a range of benefits, including reducing carbon dioxide emissions, noise, and air pollution.

IMMENSE OPPORTUNITIES