The document discusses the opportunities and growth of electric vehicles (EVs) in India. It notes that EVs have significant potential as fossil fuels are limited, and EVs can be generated through various means with less global warming. The Indian government is prioritizing the shift to EVs to meet carbon reduction targets. In the 2019 budget, Rs. 10,000 crore was allocated to the FAME II scheme to accelerate EV adoption. Major automakers are introducing new EV models for the Indian market in response to government support and changing consumer preferences. However, challenges remain around developing charging infrastructure nationwide and lowering battery costs to boost widespread EV adoption in India.