Ev Sector: The Economic Survey 2023 predicts that India s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. Notably, an official statement from NITI Aayog also said that the EV industry’s growth in India is expected to create around 5 million jobs by the end of next decade.
The demand for workers with green skills is expected to move further up in the coming years. Estimates differ, with different industry leaders pegging job creation in the EV sector at different levels, but everyone seems united in the view that millions of new roles are getting created.