India needs to increase its annual addition of EV-ready workers from 15,000 to 30,000 to achieve full localization of EV components by 2030, as per the study by the Society of Indian Automobile Manufacturers.
The third leg of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme is in the final stage, said Union Minister HD Kumaraswamy, however noting that it won't be part of the upcoming union Budget scheduled to be tabled on July 23.