Major EV charging infrastructure provider Magenta Power will be holding the 8th edition of ‘Electric Vehicles – a billion-dollar business opportunity’, a workshop designed for MSMEs/young entrepreneurs, to educate and upskill their knowledge on the dynamic EV industry in India. Magenta aims to build the EV ecosystem in India, to make the adoption easier for future.
With this workshop, Magenta power aims to unfold the untapped EV market in India. With the EV revolution, public transport, automobile companies, auto accessories and the auto service sector will be transformed. Magenta Power, in the workshop, will help people understand the EV technology and government policies, regulations and subsidies.
Magenta will enlighten the MSME industry on the upcoming business opportunities and how the potential adoption of EVs in the Indian market will lead to multiple business opportunities across the EV value chain.
Maxson Lewis, Director, Magenta Power expressed, “We saw the acceptance towards EV very poor in Indian markets. Even when the adoption saw improvement, the solutions providers were limited. Understanding which, we started Magenta EV workshops some time back, focused to make India future ready for EV adoption. With this workshop, we shall educate the young entrepreneurs and the MSME sector on how big the EV industry is becoming. There is a massive opportunity and significant business potential for the stakeholders.”
Magenta EV Summit shall build the EV sector stakeholders to take the EV market in India to the next orbit. The workshop will be held free of cost on the 23rd March 2019 in Mumbai.