Mumbai: The reboot in vehicle manufacturing, supply chain and retail triggered by the covid-19 pandemic is a golden opportunity to create local supply chain for electric vehicles in India, Rajan Wadhera, president, Society of Indian Automobile Manufacturers (Siam) said while speaking at Mint’s Pivot or Perish webinar on Thursday. “It is a golden opportunity to create local supply chain in India, offer incentives and encourage research and development (R&D) in EV technologies.
It is the time where we can move from manufacturing to R&D and product development and leverage the benefit of using common parts across several cars," said Wadhera adding that it is possible for the EV component manufacturers will get the opportunity to develop