India EV Charging Market by Type of Charger (AC Chargers (Mode 1 (2.3 kW), Mode 2 (2.3 kW), & Mode 3 (3.7 kW to 22 kW) and DC Chargers), By Charging Speed (Level 1, Level 2, and Level 3), By Connector Type (Type 1, Type 2, CCS, CHAdeMO, and Others), by In
Description
The India EV Charging Market size was valued at USD 787.3 million in 2024, and is expected to be valued at USD 1059.9 million by the end of 2025. The industry is projected to grow further, hitting USD 5695.6 million by 2030, with a CAGR of 41.2% between 2026 and 2030. In terms of volume the market size was 179 thousand units in 2024 and is projected to reach 1610 thousand units in 2030, with a CAGR of 45.1% from 2025 to 2030.
The increasing governmental investment and supportive policies are demonstrably catalysing the sector's expansion. Initiatives such as the PM E-DRIVE Scheme, with its substantial allocation of USD 1.27 billion launched in September 2024, actively promote electric vehicle adoption and the development of essential infrastructure, including public EV charging stations and testing facilities. Complementary to this, the Ministry of Power have also established the Guidelines for the Installation and Operation of Electric Vehicle Charging Infrastructure that provides a crucial framework of standards and protocols. These guidelines aim to ensure the creation of a nationwide, seamless, and interoperable EV charging network, alongside simplifying the procedures for obtaining electricity connections for charging facilities.
Moreover, the surging demand for electric vehicles across India is intrinsically driving the imperative for a more advanced and pervasive charging infrastructure. As the adoption rates of EVs continue to rise, a robust and reliable power infrastructure becomes essential to cater to the diverse charging requirements of a consumer base increasingly transitioning towards sustainable transportation. The substantial annual growth rate of 70% in EV sales in India, reaching 80,000 units in 2023 according to the International Energy Agency, underscores this increasing demand and the consequent necessity for a comprehensive charging ecosystem to effectively support the ongoing EV market trends.
However, the high upfront costs associated with setting up EV charging infrastructure—such as equipment, installation, land acquisition, and power upgrades—remain a major barrier to market growth in India. For many operators, especially in tier-2 and tier-3 cities, the return on investment is uncertain due to lower EV penetration and usage rates. Additionally, costs related to integrating smart technologies, fast chargers, and ensuring grid stability further strain budgets, making it challenging for both public and private players to scale operations affordably.
On the contrary, incorporation of renewable energy sources such as solar and wind power in the EV charging systems creates ample opportunities for the market in upcoming years as it enables cleaner power delivery. Moreover, it reduces dependence on coal powered grids, and supports the development of environmentally friendly charging stations across urban and rural areas. For example, in April 2025, India Power partnered with Charget and introduced first solar powered EV charging hub in Kolkata. As India accelerates its renewable energy capacity and businesses prioritize green solutions, this shift is poised to drive efficiency, attract investments, and fuel the long-term expansion of the EV charging market.
Segment Overview
The India EV Charging Market is segmented on the basis of type of charger, charging speed, connector type, installation, and end-user.
By type of charger, the market is divided into AC chargers and DC chargers.
By charging speed, the market is segmented into Level 1, Level 2, and Level 3.
By connector type, the market is divided into, Type 1, Type 2, CCS, CHAdeMO, and others.
By installation, the market is divided into, fixed and portable.
By end-user, the market is segmented into commercial and residential.
Recent Developments
February 2025
Tata Power leads India’s EV charging market with over 60,000 charging points, including 1,000+ public stations. The company focuses on renewable energy integration and partnerships with oil firms to expand its network across urban centers and highway corridors.
February 2025
Charge Zone operates 3,500 chargers and targets one million by 2030, prioritizing highway networks and smart app-based tracking solutions to enhance accessibility and user experience in India’s growing EV ecosystem.
November 2024
ChargePoint Holdings Inc. is entering India with advanced charging solutions for fleet operators and businesses, while Blink Charging Co. establishes stations in high-traffic urban zones, leveraging its international expertise to support India’s EV infrastructure growth.
November 2024
Exicom manages over 65,000 chargers across 400+ cities, bolstered by partnerships with leading automakers. The company continues to drive hardware innovation to meet the increasing demand for reliable EV charging solutions.
January 2024
Fortum, operating as GLIDA, advances sustainability with over 70 solar-powered public charging stations. Delta Electronics Inc. supplies high-efficiency AC and DC chargers with outputs up to 200 kW, catering to both public infrastructure and fleet requirements.
Key Benefits
• The report provides quantitative analysis and estimations of the India EV charging market from 2025 to 2030. this analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the India EV charging market trends, including the current and future trends to depict the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the India EV charging market is provided in the report.
• The competitive analysis of the market players along with their market share in the India EV charging market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.
The increasing governmental investment and supportive policies are demonstrably catalysing the sector's expansion. Initiatives such as the PM E-DRIVE Scheme, with its substantial allocation of USD 1.27 billion launched in September 2024, actively promote electric vehicle adoption and the development of essential infrastructure, including public EV charging stations and testing facilities. Complementary to this, the Ministry of Power have also established the Guidelines for the Installation and Operation of Electric Vehicle Charging Infrastructure that provides a crucial framework of standards and protocols. These guidelines aim to ensure the creation of a nationwide, seamless, and interoperable EV charging network, alongside simplifying the procedures for obtaining electricity connections for charging facilities.
Moreover, the surging demand for electric vehicles across India is intrinsically driving the imperative for a more advanced and pervasive charging infrastructure. As the adoption rates of EVs continue to rise, a robust and reliable power infrastructure becomes essential to cater to the diverse charging requirements of a consumer base increasingly transitioning towards sustainable transportation. The substantial annual growth rate of 70% in EV sales in India, reaching 80,000 units in 2023 according to the International Energy Agency, underscores this increasing demand and the consequent necessity for a comprehensive charging ecosystem to effectively support the ongoing EV market trends.
However, the high upfront costs associated with setting up EV charging infrastructure—such as equipment, installation, land acquisition, and power upgrades—remain a major barrier to market growth in India. For many operators, especially in tier-2 and tier-3 cities, the return on investment is uncertain due to lower EV penetration and usage rates. Additionally, costs related to integrating smart technologies, fast chargers, and ensuring grid stability further strain budgets, making it challenging for both public and private players to scale operations affordably.
On the contrary, incorporation of renewable energy sources such as solar and wind power in the EV charging systems creates ample opportunities for the market in upcoming years as it enables cleaner power delivery. Moreover, it reduces dependence on coal powered grids, and supports the development of environmentally friendly charging stations across urban and rural areas. For example, in April 2025, India Power partnered with Charget and introduced first solar powered EV charging hub in Kolkata. As India accelerates its renewable energy capacity and businesses prioritize green solutions, this shift is poised to drive efficiency, attract investments, and fuel the long-term expansion of the EV charging market.
Segment Overview
The India EV Charging Market is segmented on the basis of type of charger, charging speed, connector type, installation, and end-user.
By type of charger, the market is divided into AC chargers and DC chargers.
By charging speed, the market is segmented into Level 1, Level 2, and Level 3.
By connector type, the market is divided into, Type 1, Type 2, CCS, CHAdeMO, and others.
By installation, the market is divided into, fixed and portable.
By end-user, the market is segmented into commercial and residential.
Recent Developments
February 2025
Tata Power leads India’s EV charging market with over 60,000 charging points, including 1,000+ public stations. The company focuses on renewable energy integration and partnerships with oil firms to expand its network across urban centers and highway corridors.
February 2025
Charge Zone operates 3,500 chargers and targets one million by 2030, prioritizing highway networks and smart app-based tracking solutions to enhance accessibility and user experience in India’s growing EV ecosystem.
November 2024
ChargePoint Holdings Inc. is entering India with advanced charging solutions for fleet operators and businesses, while Blink Charging Co. establishes stations in high-traffic urban zones, leveraging its international expertise to support India’s EV infrastructure growth.
November 2024
Exicom manages over 65,000 chargers across 400+ cities, bolstered by partnerships with leading automakers. The company continues to drive hardware innovation to meet the increasing demand for reliable EV charging solutions.
January 2024
Fortum, operating as GLIDA, advances sustainability with over 70 solar-powered public charging stations. Delta Electronics Inc. supplies high-efficiency AC and DC chargers with outputs up to 200 kW, catering to both public infrastructure and fleet requirements.
Key Benefits
• The report provides quantitative analysis and estimations of the India EV charging market from 2025 to 2030. this analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the India EV charging market trends, including the current and future trends to depict the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the India EV charging market is provided in the report.
• The competitive analysis of the market players along with their market share in the India EV charging market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.
Table of Contents
- 1. Introduction
- 1.1. Report Description
- 1.2. Who Should Read This Report
- 1.3. Key Market Segments
- 1.4. Research Methodology
- 1.4.1 Market Size Estimation Methodology
- 1.4.1.1. Top-down And Bottom-up Approach
- 1.4.1.2. Demand And Supply Side Analysis
- 1.4.1.3. Macro-indicator Approach
- 1.4.2 Data Collection Approach
- 1.4.2.1. Primary Data Collection
- 1.4.2.2. Secondary Data Collection
- 1.4.2.2.1. Secondary Data Sources
- 1.4.3 Forecasting
- 2. Market Definition & Scope
- 2.1. Definition
- 2.2. Scope
- 3. Indian Ev Charging Market – Executive Summary
- 3.1. Market Snapshot, 2023 - 2030, Million Usd
- 4. Market Overview
- 4.1. Market Dynamics
- 4.1.1 Drivers
- 4.1.1.1. Growing Sale Of Evs Increases The Demand For Ev Charging Solutions
- 4.1.1.2. Government Initiatives And Financial Investments Supports Installation Of Ev Charging Station
- 4.1.2 Restraints
- 4.1.2.1. High Initial Setup Costs For Fast Charging Infrastructure And Lack Of Standardization
- 4.1.3 Opportunities
- 4.1.3.1. Integration Of Internet Of Things (Iot) In Ev Charging Creates Ample Opportunity
- 5. List Of Charge Point Operators In India
- 6. India Ev Charging Market By Type Of Charger
- 6.1 Overview
- 6.2 Ac Chargers Market
- 6.2.1 Mode 1 (2.3 Kw)
- 6.2.2 Mode 2 (2.3 Kw)
- 6.2.3 Mode 3 (3.7 Kw To 22 Kw)
- 6.3 Dc Chargers Market (22 Kw To 350 Kw)
- 7. India Ev Charging Market By Charging Speed
- 7.1 Overview
- 7.2 Level 1 Market
- 7.3 Level 2 Market
- 7.4 Level 3 Market
- 8. India Ev Charging Market By Connector Type
- 8.1 Overview
- 8.2 J1772 (Type 1) Market
- 8.3 Mennekes (Type 2) Market
- 8.4 Ccs (Combined Charging System) Market
- 8.5 Chademo Market
- 8.6 Others Market
- 9. India Ev Charging Market By Charging Modes
- 9.1 Overview
- 9.2 Mode 1 Market
- 9.3 Mode 2 Market
- 9.4 Mode 3 Market
- 9.5 Mode 4 Market
- 10. India Ev Charging Market By Installation
- 10.1 Overview
- 10.2 Fixed Market
- 10.3 Portable Market
- 11. India Ev Charging Market By End User
- 11.1 Overview
- 11.2 Commercial Market
- 11.2.1 Commercial Public Ev Charging Stations
- 11.2.1.2 Highway Charging Stations
- 11.2.1.3 Fleet Charging Stations
- 11.2.1.4 Workplace Charging Stations
- 11.2.2 Commercial Private Ev Charging Stations
- 11.3 Residential Market
- 11.3.1 Private Homes
- 11.3.2 Apartments
- 12. Company Profiles
- 12.1 Tata Power
- 12.1.1 Company Overview
- 12.1.2 Company Snapshot
- 12.1.3 Operating Business Segments
- 12.1.4 Product Portfolio
- 12.1.5 Business Performance
- 12.1.6 Business Segments
- 12.1.7 Geographic Segments
- 12.1.8 Key Strategic Moves And Development
- 12.1.9 Primary Market Competitors
- 12.2 Servotech Renewable Power System Limited
- 12.2.1 Company Overview
- 12.2.2 Company Snapshot
- 12.2.3 Operating Business Segments
- 12.2.4 Product Portfolio
- 12.2.5 Business Performance
- 12.2.6 Business Segments
- 12.2.7 Geographic Segments
- 12.2.8 Key Strategic Moves And Development
- 12.2.9 Primary Market Competitors
- 12.3 Exicom
- 12.3.1 Company Overview
- 12.3.2 Company Snapshot
- 12.3.3 Operating Business Segments
- 12.3.4 Product Portfolio
- 12.3.5 Business Performance
- 12.3.6 Business Segments
- 12.3.7 Geographic Segments
- 12.3.8 Key Strategic Moves And Development
- 12.3.9 Primary Market Competitors
- 12.4 Okaya Ev Pvt. Ltd.
- 12.4.1 Company Overview
- 12.4.2 Company Snapshot
- 12.4.3 Operating Business Segments
- 12.4.4 Product Portfolio
- 12.4.5 Business Performance
- 12.4.6 Business Segments
- 12.4.7 Geographic Segments
- 12.4.8 Key Strategic Moves And Development
- 12.4.9 Primary Market Competitors
- 12.5 Amara Raja Energy And Mobility Limited
- 12.5.1 Company Overview
- 12.5.2 Company Snapshot
- 12.5.3 Operating Business Segments
- 12.5.4 Product Portfolio
- 12.5.5 Business Performance
- 12.5.6 Business Segments
- 12.5.7 Geographic Segments
- 12.5.8 Key Strategic Moves And Development
- 12.5.9 Primary Market Competitors
- 12.6 Bolt.Earth
- 12.6.1 Company Overview
- 12.6.2 Company Snapshot
- 12.6.3 Operating Business Segments
- 12.6.4 Product Portfolio
- 12.6.5 Business Performance
- 12.6.6 Business Segments
- 12.6.7 Geographic Segments
- 12.6.8 Key Strategic Moves And Development
- 12.6.9 Primary Market Competitors
- 12.7 Kazam Ev Tech Pvt. Ltd.
- 12.7.1 Company Overview
- 12.7.2 Company Snapshot
- 12.7.3 Operating Business Segments
- 12.7.4 Product Portfolio
- 12.7.5 Business Performance
- 12.7.6 Business Segments
- 12.7.7 Geographic Segments
- 12.7.8 Key Strategic Moves And Development
- 12.7.9 Primary Market Competitors
- 12.8 Vvdn Technologies
- 12.8.1 Company Overview
- 12.8.2 Company Snapshot
- 12.8.3 Operating Business Segments
- 12.8.4 Product Portfolio
- 12.8.5 Business Performance
- 12.8.6 Business Segments
- 12.8.7 Geographic Segments
- 12.8.8 Key Strategic Moves And Development
- 12.8.9 Primary Market Competitors
- 12.9 Sharify Services Pvt. Ltd.
- 12.9.1 Company Overview
- 12.9.2 Company Snapshot
- 12.9.3 Operating Business Segments
- 12.9.4 Product Portfolio
- 12.9.5 Business Performance
- 12.9.6 Business Segments
- 12.9.7 Geographic Segments
- 12.9.8 Key Strategic Moves And Development
- 12.9.9 Primary Market Competitors
- 12.10 Amplify Mobility Pvt. Ltd.
- 12.10.1 Company Overview
- 12.10.2 Company Snapshot
- 12.10.3 Operating Business Segments
- 12.10.4 Product Portfolio
- 12.10.5 Business Performance
- 12.10.6 Business Segments
- 12.10.7 Geographic Segments
- 12.10.8 Key Strategic Moves And Development
- 12.10.9 Primary Market Competitors
- 12.11 Abb
- 12.11.1 Company Overview
- 12.11.2 Company Snapshot
- 12.11.3 Operating Business Segments
- 12.11.4 Product Portfolio
- 12.11.5 Business Performance
- 12.11.6 Business Segments
- 12.11.7 Geographic Segments
- 12.11.8 Key Strategic Moves And Development
- 12.11.9 Primary Market Competitors
- 12.12 Chargezone
- 12.12.1 Company Overview
- 12.12.2 Company Snapshot
- 12.12.3 Operating Business Segments
- 12.12.4 Product Portfolio
- 12.12.5 Business Performance
- 12.12.6 Business Segments
- 12.12.7 Geographic Segments
- 12.12.8 Key Strategic Moves And Development
- 12.12.9 Primary Market Competitors
- 12.13 Delta Electronics, Inc.
- 12.13.1 Company Overview
- 12.13.2 Company Snapshot
- 12.13.3 Operating Business Segments
- 12.13.4 Product Portfolio
- 12.13.5 Business Performance
- 12.13.6 Business Segments
- 12.13.7 Geographic Segments
- 12.13.8 Key Strategic Moves And Development
- 12.13.9 Primary Market Competitors
- 12.14 Schneider Electric
- 12.14.1 Company Overview
- 12.14.2 Company Snapshot
- 12.14.3 Operating Business Segments
- 12.14.4 Product Portfolio
- 12.14.5 Business Performance
- 12.14.6 Business Segments
- 12.14.7 Geographic Segments
- 12.14.8 Key Strategic Moves And Development
- 12.14.9 Primary Market Competitors
- 12.15 Hitachi Industrial Products, Ltd.
- 12.15.1 Company Overview
- 12.15.2 Company Snapshot
- 12.15.3 Operating Business Segments
- 12.15.4 Product Portfolio
- 12.15.5 Business Performance
- 12.15.6 Business Segments
- 12.15.7 Geographic Segments
- 12.15.8 Key Strategic Moves And Development
- 12.15.9 Primary Market Competitors
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