How Can Industrial Park Benefit an Electric Vehicle Industry:
The global automotive industry is undergoing a paradigm shift at present in trying to switch to alternative or less energy intensive options. India too is investigating in this electric mobility shift. The burden of oil imports, rising pollution as well as international commitments to combat global climate change are among key factors motivating India's recent policies to speed up the transition to EV industry. The Indian automotive industry is the fifth largest in the world and is estimated to be the third largest by 2030. Catering the vast domestic market, reliance on the conventional modes of fuel intensive mobility will not be sustainable. The fast pace of growing Electric Vehicle industry also requires the space for establishment of any industry and for that nothing could be better than industrial parks in India . Industrial Park benefits different companies to setup in the specific space which gives them all the facilities which is required to establish any industry. Indus