The demand for electric vehicle (EV) chargers in India is expected to grow at a compound annual growth rate (CAGR) of 65% and reach 3 million units by 2030, according to a report by Customized Energy Solutions and India Energy Storage Alliance. The growth in demand will be driven by government initiatives and private investments. Several public sector undertakings (PSUs) have also announced tenders for charging stations, further boosting the demand for EV chargers.