India Electric Vehicle Charging Station Market Research Report By Electric Vehicle Charging Station Type Outlook (AC charging station, DC charging station, Inductive charging station), By Electric Vehicle Charging Station Communication Type Outlook (Combined charging system, Chademo, Others), By Electric Vehicle Charging Station Application Outlook (Residential, Commercial) and By Electric Vehicle Charging Station Vehicle Outlook (BEV, PHEV, HEV)- Forecast to 2035

India Electric Vehicle Charging Station Market Overview:

As per MRFR analysis, the India Electric Vehicle Charging Station Market Size was estimated at 2.34 (USD Billion) in 2023. The India Electric Vehicle Charging Station Market is expected to grow from 3.5 (USD Billion) in 2024 to 100.0 (USD Billion) by 2035. The India Electric Vehicle Charging Station Market CAGR (growth rate) is expected to be around 35.631% during the forecast period (2025 - 2035).

Key India Electric Vehicle Charging Station Market Trends Highlighted

Rising consumer interest in sustainable transportation combined with government legislation is driving notable expansion in the market for India Electric Vehicle Charging Station Market. To hasten the acceptance of electric cars (EVs), the Indian government has started many initiatives, including the Faster Adoption and Manufacturing of Electric Cars (FAME) program, which affects the infrastructure needed for charging. Rising gasoline costs and rising awareness of environmental problems support these initiatives by motivating people to look for greener alternatives. Key market forces driving the expansion of charging stations throughout the nation are the push for electric transportation and the aim of urban pollution decrease.

Businesses have the chance to make investments in charging infrastructure as solutions in charging technology and technologies are still developing. The growth of the EV sector offers an opportunity for many stakeholders, including governmental organizations and commercial businesses, to cooperate to improve the charging environment. Particularly in urban areas, the need for extensive and effective charging stations becomes critical as cities develop and the count of EVs on the road increases. Moreover, integrating innovative technology into charging stations may draw more customers and enhance user experience, thus fostering a suitable atmosphere for suppliers of excellent services.

Recent developments in India show that, alongside established energy firms, private businesses are starting to join the EV charging scene. Installations of charging stations in homes and businesses are also attracting increasing attention to provide consumers with easier access to charging. Furthermore, developments in the integration of renewable energy into charging stations reflect a dedication to a sustainable energy future. These patterns show an initiative-taking attempt to satisfy the charging demands in line with growing EV usage as electric cars keep breaking through the Indian market.

 

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

India Electric Vehicle Charging Station Market Drivers

Government Initiatives and Policies Supporting Electric Vehicles

The Indian government has launched many incentives and laws to promote the acceptance of electric cars (EVs), hence driving the India Electric Vehicle Charging Station Market. Among the noteworthy projects is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) program, which has been very helpful in lowering EV initial costs through subsidies and incentives. The FAME-II initiative set aside USD 1.4 billion to increase electric mobility throughout the country, claims the Ministry of Heavy Industries and Public Enterprises.

Moreover, state governments are matching their policies with national goals, creating their own incentives for the purchase of electric vehicles and helping to build the infrastructure for them. With around 1.2 million electric cars delivered in India as of 2022, the expected demand for charging stations has greatly expanded, calling for more investment in the India Electric Vehicle Charging Station Market.

Rising Environmental Concerns and Urban Pollution

Growing concern about urban pollution and environmental damage in India is pushing for change towards electric cars, thereby raising the need for electric vehicle charging stations. According to the Central Pollution Control Board, air pollution causes approximately 1.2 million premature deaths yearly in India, mostly in metropolitan areas. Given the predicted expansion of the EV industry, it becomes imperative to solve air quality problems by using greener technology.

Notable groups like the World Resources Institute stress the importance of electric mobility in solving problems with air pollution in big Indian cities. The continuous conversation on sustainable urban development has made electric mobility a top concern, therefore strengthening the future possibilities of the India Electric Vehicle Charging Station Market.

Technological Advancements in Battery and Charging Infrastructure

Reduced charging times and prices resulting from developments in battery technology are driving customer interest in electric cars and the required infrastructure. The creation of fast-charging, high-capacity stations might greatly improve EV usage and appeal in India. Companies like Tata Power and Ather Energy are leading the charge by creating innovative charging solutions, including fast chargers with capacity surpassing 120 kW.

Reports from the Bureau of Indian Standards support this trend: as battery efficiency increases, buyers will find the general cost of ownership for electric cars more attractive. As such, the technology advancement within the India Electric Vehicle Charging Station Market will probably provide a major acceleration in its expansion.

Growing Demand for Sustainable Transport Solutions

As knowledge of climate change grows, Indian consumers and companies choose environmentally friendly transportation options. The rising sales of electric cars mirror this changing mentality and help to create demand for associated infrastructure like charging stations. The Society of Indian Automobile Manufacturers claims that electric two-wheelers have grown at a fantastic pace of over 300% year-on-year, suggesting a strong customer taste for environmentally friendly choices.

Aware of this demand change, big automakers like Mahindra and Mahindra are also funding EV technologies and infrastructure. The India Electric Vehicle Charging Station Market is expected to expand dramatically to meet the growing demand as more people use electric automobiles.

India Electric Vehicle Charging Station Market Segment Insights:

Electric Vehicle Charging Station Type Outlook Insights

The India Electric Vehicle Charging Station Market is witnessing substantial growth, driven by the increasing adoption of electric vehicles (EVs) and supportive government initiatives aimed at sustainable transportation. The Electric Vehicle Charging Station Type Outlook is a critical segment in this evolving landscape, encompassing various types of charging solutions that cater to the diverse needs of EV users across the country. Among these, AC charging stations are widely used for their accessibility and efficiency, primarily suited for overnight charging at homes or public parking spaces.

As the demand for convenient charging solutions rises, the role of AC charging stations becomes more significant, serving as a foundational infrastructure for everyday EV drivers. On the other hand, DC charging stations are gaining traction due to their ability to provide rapid charging solutions at strategic locations, enabling long-distance travel and reducing wait times for users. These stations are particularly crucial in urban areas, where time efficiency is essential for the growing population of EV users. Furthermore, inductive charging stations are an innovative segment that offers a unique, contactless charging solution, which is particularly appealing for public transport vehicles and fleet operations.

This technology not only enhances user convenience but also reduces wear and tear on charging connectors, thereby extending the lifespan of EV components. The government of India is actively promoting the deployment of charging infrastructure to facilitate the transition towards electric mobility, which indicates great potential for growth across these segments. As the market evolves, understanding the distinct advantages and applications of AC, DC, and inductive charging stations will be critical for stakeholders aiming to optimize their investments and cater to the needs of the rapidly expanding EV market.

With forward-looking policies and a focus on technological advancements, the India Electric Vehicle Charging Station Market segmentation shows promising potential for robust development in the coming years, ultimately contributing to the overall decarbonization goals set forth by the country.

 

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Electric Vehicle Charging Station Communication Type Outlook Insights

The Electric Vehicle Charging Station Communication Type Outlook segment in the India Electric Vehicle Charging Station Market is pivotal for facilitating efficient and reliable charging solutions across the nation. This market encompasses various communication standards, including Combined Charging System, Chademo, and others, each playing a crucial role in the ecosystem of electric vehicle charging. The Combined Charging System is increasingly recognized for its versatility, allowing for both AC and DC charging, which enhances its significance in the rapidly evolving electric vehicle landscape.

Chademo, known for its fast-charging capabilities, is favored among users for reducing downtime, thus promoting greater adoption of electric vehicles. The growing demand for diverse charging solutions reflects the expanding infrastructure and increasing consumer interest in electric mobility, supported by government initiatives towards sustainability and reducing carbon footprints in India. As the market evolves, enhanced interoperability among these communication types can significantly improve the user experience, ultimately driving market growth and consumer confidence in electric vehicle technology.

Electric Vehicle Charging Station Application Outlook Insights

The Electric Vehicle Charging Station Application Outlook within the India Electric Vehicle Charging Station Market reflects a dynamic landscape poised for growth. This segment is primarily divided into Residential and Commercial applications, each playing a crucial role in the overall development of the market. The Residential segment is characterized by increasing adoption of electric vehicles among homeowners, driven by government incentives and growing environmental awareness. Home charging stations provide convenience and cost-effective solutions for individual consumers.

On the other hand, the Commercial segment is gaining traction as businesses recognize the benefits of installing charging infrastructure to cater to their fleet vehicles and customers, significantly enhancing their service offerings and sustainability goals. The demand for charging stations at commercial locations such as malls, offices, and highways is anticipated to rise in tandem with the expanding electric vehicle market. The growth of this segment is further supported by the Indian government’s push for electric mobility through favorable regulations and investments in infrastructure, paving the way for a robust Electric Vehicle Charging Station Market revenue. This segmentation offers diverse opportunities for stakeholders, catering to different needs and ensuring widespread accessibility to charging solutions across the country.

Electric Vehicle Charging Station Vehicle Outlook Insights

The Electric Vehicle Charging Station Vehicle Outlook segment within the India Electric Vehicle Charging Station Market represents a pivotal area of focus, reflecting the burgeoning demand for electric vehicle infrastructure in the country. The segment is primarily characterized by three main categories: Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Hybrid Electric Vehicles (HEV). The rise in BEV adoption can be attributed to government incentives and a growing awareness of environmental issues, leading to an increased need for robust charging networks.PHEVs provide a transitional solution for consumers, showcasing the potential for reduced emissions while still relying on traditional fuel sources. Meanwhile, HEVs are gaining traction, particularly in urban settings where convenient charging facilities can significantly enhance driver experience.

The integration of widespread EV charging stations is essential to support these vehicle types, creating opportunities for technological advancement and investment in clean energy solutions. With various stakeholders focusing on the development of smart charging technologies and competitive pricing strategies, the segment holds significant possibilities for growth in the coming years, aligning with the broader goals of the Indian government to promote sustainable transportation. The India Electric Vehicle Charging Station Market revenue and statistics indicate a transformative shift whereby fast-tracking charging infrastructure can bolster the overall market landscape, enticing consumers and promoting increased electric vehicle uptake across the nation.

India Electric Vehicle Charging Station Market Key Players and Competitive Insights:

The India Electric Vehicle Charging Station Market is witnessing significant growth driven by the increasing adoption of electric vehicles, growing environmental awareness, and favorable government policies. As the Indian government aims to reduce carbon emissions and promote sustainable transportation, several automotive and energy companies are investing heavily in establishing charging infrastructure throughout the country. The competitive landscape is characterized by a mix of traditional oil and gas companies, automotive manufacturers, and new technology firms, all vying for a share of this emerging market. The race among competitors encompasses aspects such as innovative technology for charging solutions, strategic partnerships, and an expanding network of charging stations to cater to the growing number of electric vehicles on Indian roads. The landscape is dynamic, with companies continuously innovating to improve charging speed, convenience, and availability while addressing challenges related to infrastructure and consumer adoption.

Mahindra Electric has positioned itself as a key player in the India Electric Vehicle Charging Station Market, leveraging its extensive experience and expertise in the electric mobility sector. As an established automotive manufacturer, Mahindra Electric boasts a strong brand presence and a commitment to developing sustainable mobility solutions. The company focuses on creating an integrated ecosystem for electric vehicles, encompassing not just the vehicles themselves but also the necessary charging infrastructure. This strategic approach allows Mahindra Electric to harness synergies between its vehicle offerings and charging solutions, enabling a seamless experience for consumers. The company has also made significant investments in charging technology and infrastructure, emphasizing the importance of accessibility and convenience for electric vehicle users. Its strengths lie in its established presence in the Indian automotive landscape, strong distribution networks, and partnerships that enhance its capabilities in deploying charging stations across the country.

Shell India has recognized the immense potential within the India Electric Vehicle Charging Station Market and has been actively expanding its footprint in this sector. The company offers a range of products and services tailored for electric vehicle charging, including fast and ultra-fast charging solutions that cater to the diverse needs of electric vehicle owners. Shell India's strengths are underscored by its extensive experience in the energy sector and its commitment to sustainable practices, making it a trustworthy player in the rapidly changing landscape of electric mobility.

The company's strategic investments and partnerships enable it to establish a growing network of charging stations, providing enhanced accessibility for electric vehicle users across urban and rural areas. Additionally, Shell India is known for its efforts in technological innovations aimed at improving the efficiency and speed of charging solutions. Through mergers and acquisitions, Shell has been able to bolster its capabilities and adapt to the evolving market needs, positioning itself as a formidable competitor in India's electric vehicle charging infrastructure development.

Key Companies in the India Electric Vehicle Charging Station Market Include:

• Mahindra Electric


• Shell India


• Charging Networks


• EVBox


• Revolt Motors


• Fortum Charge and Drive


• Ampere Vehicles


• Prysmian Group


• Ather Energy


• ChargePoint


• Hindustan Petroleum


• Adani Green Energy


• Bharat Petroleum


• Tata Power


• Indian Oil Corporation

India Electric Vehicle Charging Station Market Industry Developments

The India Electric Vehicle Charging Station Market has witnessed significant developments in recent months. In September 2023, Mahindra Electric announced plans to expand its charging infrastructure, enhancing access for EV users amid rising demand. Shell India has also increased collaborations with local startups to deploy smart EV charging solutions. Meanwhile, Charging Networks launched a new range of high-speed chargers in November 2023 to support the growing EV ecosystem. Amid the competitive landscape, Ather Energy secured funding to enhance its charging network across major cities in India.

In terms of mergers and acquisitions, Tata Power acquired a 51% stake in a charging solution provider in August 2023, signaling strategic growth. Similarly, Adani Green Energy announced a partnership with Revolt Motors to co-establish charging stations by the end of 2023. This uptick in investments and cooperative ventures among leading companies like Hindustan Petroleum, Indian Oil Corporation, and Bharat Petroleum reflects a robust growth trajectory fueled by the government's push for electric mobility. Over the last two years, the market has been driven by increasing policies and favorable regulations supporting EV infrastructure, propelling significant investments from stakeholders across the sector.

India Electric Vehicle Charging Station Market Segmentation Insights

Electric Vehicle Charging Station Market Electric Vehicle Charging Station Type Outlook

• AC charging station


• DC charging station


• Inductive charging station

Electric Vehicle Charging Station Market Electric Vehicle Charging Station Communication Type Outlook

• Combined charging system


• Chademo


• Others

Electric Vehicle Charging Station Market Electric Vehicle Charging Station Application Outlook

• Residential


• Commercial

Electric Vehicle Charging Station Market Electric Vehicle Charging Station Vehicle Outlook

• BEV


• PHEV


• HEV

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	2.34 (USD Billion)
MARKET SIZE 2024	3.5 (USD Billion)
MARKET SIZE 2035	100.0 (USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	35.631% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Mahindra Electric, Shell India, Charging Networks, EVBox, Revolt Motors, Fortum Charge and Drive, Ampere Vehicles, Prysmian Group, Ather Energy, ChargePoint, Hindustan Petroleum, Adani Green Energy, Bharat Petroleum, Tata Power, Indian Oil Corporation
SEGMENTS COVERED	Electric Vehicle Charging Station Type Outlook, Electric Vehicle Charging Station Communication Type Outlook, Electric Vehicle Charging Station Application Outlook, Electric Vehicle Charging Station Vehicle Outlook
KEY MARKET OPPORTUNITIES	Government incentives for infrastructure, Rapid urbanization driving demand, Expansion of renewable energy sources, Increasing electric vehicle adoption, Technological advancements in charging solutions
KEY MARKET DYNAMICS	Government incentives and policies, Growing electric vehicle adoption, Infrastructure development challenges, Technological advancements in charging, Rising investments from private sector
COUNTRIES COVERED	India