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Business trends

India's pivot to electric vehicles hinges on government policy

Industry impatient with lack of guidelines from Narendra Modi's government

The e2oPlus electric car was developed by Indian company Mahindra Electric Mobility, but uncertainty about government policy is raising concerns in the industry.   © Reuters

NEW DELHI -- India's much-publicized summit on the future of mobility turned out to be a pep rally, one that offered no clear indication as to when the country will announce policies that would put it on the road to electrifying at least 30% of vehicles by 2030.

As it stands now, that figure is merely aspirational.

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