India's EV transition hinges on design and domestic value addition: Kumaraswamy
Union Minister H D Kumaraswamy urged the automotive industry on Wednesday to prioritize design and domestic value addition for India's EV transition, stating success cannot be measured solely by electric vehicle sales. Speaking at the ACMA Annual Session, the Minister for Heavy Industries and Steel called for bolder investment in cleaner technologies to "make for the world," while pledging ministry support for scheme implementation and innovation. Kumaraswamy emphasized India should lead the global mobility transition, not just participate. He noted the PLI scheme for automobiles showed encouraging results, with approved applicants investing Rs 45,477 crore and creating over 67,000 jobs as of June 30, 2026.