Latest news with #IESA
Time of India
13 hours ago
- Automotive
- Time of India
Over 200 electric car makers to participate in IESW 2025
Over 200 domestic passenger car manufacturers and international electric vehicle players are expected to participate in the upcoming India Energy Storage Week (IESW), scheduled for next month. Industry body India Energy Storage Alliance (IESA) is hosting the 11th edition of IESW from July 8 to July 10, at the Yashobhoomi Convention and Expo Centre in New Delhi, a statement said. IESW 2025 is projected to attract over 200 domestic passenger car manufacturers and international electric vehicle (EV) makers to bolster India's vision of becoming a global manufacturing hub, according to the statement. India is making significant strides in positioning itself as one of the world's largest electric three-wheelers (e-3W) markets. In a remarkably short period, it has become a major player in the electric two-wheeler (e-2W) market. This achievement has been fuelled by transformative government policies such as the PLI Auto, PLI ACC, FAME, and PM e-Drive, which focus on stimulating both demand and supply and establishing an EV ecosystem in the country, it added. According to Fortune Business Insights, the Indian electric vehicle market is projected to reach USD 117.78 billion by 2032 at a CAGR of 22.4 per cent. Amid these developments, the government's EV Manufacturing Guidelines under SPMEPCI are commendable, said IESA. The upcoming IESW 2025 aligns with this ambitious goal. The focus of the SPMEPCI (Scheme to Promote Manufacturing of Electric Passenger Cars in India ) on the electric four-wheelers (e-4W) segment will undoubtedly help the Indian electric passenger car market play a larger role in the global EV landscape , IESA stated. More than 150 key partners, exhibitors, and over 1,000 companies from Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and South Korea are expected to participate in the IESW 2025 event at the Yashobhoomi Convention and Expo Centre. Director of eMobility at Customized Energy Solutions (CES) Gurusharan Dhillon said, "SPMEPCI strikes a strategic balance between custom duty concessions linked to Investment, defined Domestic Value addition milestones, and the inclusion of the scope of Engineering Research & Development, Software, Testing, and Charging Infrastructure. These elements are crucial in facilitating the introduction of advanced global technologies, nurturing indigenous manufacturing capabilities, and building a robust supply chain ecosystem within India." As a membership-driven organisation, the IESA is dedicated to collaborating with stakeholders to explore opportunities in research and development, the manufacturing of E-Mobility technologies, and advocating for the adoption of clean transportation in India. Debmalaya Sen, President, IESA, emphasised, "SPMEPCI is a revolutionary step and will strengthen Prime Minister Narendra Modi's vision for industrial transformation... Through IESW, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward." IESA is also collaborating with Gujarat, Odisha, Telangana, and Chhattisgarh for the event that aims to enhance the overall quality and functionality of the existing ecosystem by pioneering groundbreaking solutions and innovations that can reshape the industry's landscape at IESW 2025.
Economic Times
15 hours ago
- Automotive
- Economic Times
Over 200 electric car makers to participate in IESW 2025
Agencies Representational image Over 200 domestic passenger car manufacturers and international electric vehicle players are expected to participate in the upcoming India Energy Storage Week (IESW), scheduled for next month. Industry body India Energy Storage Alliance (IESA) is hosting the 11th edition of IESW from July 8 to July 10, at the Yashobhoomi Convention and Expo Centre in New Delhi, a statement said. IESW 2025 is projected to attract over 200 domestic passenger car manufacturers and international electric vehicle (EV) makers to bolster India's vision of becoming a global manufacturing hub, according to the statement. India is making significant strides in positioning itself as one of the world's largest electric three-wheelers (e-3W) markets. In a remarkably short period, it has become a major player in the electric two-wheeler (e-2W) market. This achievement has been fuelled by transformative government policies such as the PLI Auto, PLI ACC, FAME, and PM e-Drive, which focus on stimulating both demand and supply and establishing an EV ecosystem in the country, it added. According to Fortune Business Insights, the Indian electric vehicle market is projected to reach USD 117.78 billion by 2032 at a CAGR of 22.4 per cent. Amid these developments, the government's EV Manufacturing Guidelines under SPMEPCI are commendable, said IESA. The upcoming IESW 2025 aligns with this ambitious goal. The focus of the SPMEPCI (Scheme to Promote Manufacturing of Electric Passenger Cars in India ) on the electric four-wheelers (e-4W) segment will undoubtedly help the Indian electric passenger car market play a larger role in the global EV landscape, IESA stated. More than 150 key partners, exhibitors, and over 1,000 companies from Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and South Korea are expected to participate in the IESW 2025 event at the Yashobhoomi Convention and Expo Centre. Director of eMobility at Customized Energy Solutions (CES) Gurusharan Dhillon said, "SPMEPCI strikes a strategic balance between custom duty concessions linked to Investment, defined Domestic Value addition milestones, and the inclusion of the scope of Engineering Research & Development, Software, Testing, and Charging Infrastructure. These elements are crucial in facilitating the introduction of advanced global technologies, nurturing indigenous manufacturing capabilities, and building a robust supply chain ecosystem within India." As a membership-driven organisation, the IESA is dedicated to collaborating with stakeholders to explore opportunities in research and development, the manufacturing of E-Mobility technologies, and advocating for the adoption of clean transportation in India. Debmalaya Sen, President, IESA, emphasised, "SPMEPCI is a revolutionary step and will strengthen Prime Minister Narendra Modi's vision for industrial transformation... Through IESW, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward." IESA is also collaborating with Gujarat, Odisha, Telangana, and Chhattisgarh for the event that aims to enhance the overall quality and functionality of the existing ecosystem by pioneering groundbreaking solutions and innovations that can reshape the industry's landscape at IESW 2025.
Time of India
17 hours ago
- Automotive
- Time of India
Over 200 electric car makers to participate in IESW 2025
Over 200 domestic passenger car manufacturers and international electric vehicle players are expected to participate in the upcoming India Energy Storage Week (IESW), scheduled for next month. Industry body India Energy Storage Alliance (IESA) is hosting the 11th edition of IESW from July 8 to July 10, at the Yashobhoomi Convention and Expo Centre in New Delhi, a statement said. IESW 2025 is projected to attract over 200 domestic passenger car manufacturers and international electric vehicle (EV) makers to bolster India's vision of becoming a global manufacturing hub, according to the statement. EV calculator How much will I save if I choose an electric vehicle? SELECT vehicle type Calculate by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You See A Coin In Your Car Door Handle, Walk Away Articles Stone Undo India is making significant strides in positioning itself as one of the world's largest electric three-wheelers (e-3W) markets. In a remarkably short period, it has become a major player in the electric two-wheeler (e-2W) market. This achievement has been fuelled by transformative government policies such as the PLI Auto, PLI ACC, FAME, and PM e-Drive, which focus on stimulating both demand and supply and establishing an EV ecosystem in the country, it added. Live Events According to Fortune Business Insights, the Indian electric vehicle market is projected to reach USD 117.78 billion by 2032 at a CAGR of 22.4 per cent. Amid these developments, the government's EV Manufacturing Guidelines under SPMEPCI are commendable, said IESA. The upcoming IESW 2025 aligns with this ambitious goal. The focus of the SPMEPCI (Scheme to Promote Manufacturing of Electric Passenger Cars in India ) on the electric four-wheelers (e-4W) segment will undoubtedly help the Indian electric passenger car market play a larger role in the global EV landscape , IESA stated. More than 150 key partners, exhibitors, and over 1,000 companies from Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and South Korea are expected to participate in the IESW 2025 event at the Yashobhoomi Convention and Expo Centre. Director of eMobility at Customized Energy Solutions (CES) Gurusharan Dhillon said, "SPMEPCI strikes a strategic balance between custom duty concessions linked to Investment, defined Domestic Value addition milestones, and the inclusion of the scope of Engineering Research & Development, Software, Testing, and Charging Infrastructure. These elements are crucial in facilitating the introduction of advanced global technologies, nurturing indigenous manufacturing capabilities, and building a robust supply chain ecosystem within India." As a membership-driven organisation, the IESA is dedicated to collaborating with stakeholders to explore opportunities in research and development, the manufacturing of E-Mobility technologies, and advocating for the adoption of clean transportation in India. Debmalaya Sen, President, IESA, emphasised, "SPMEPCI is a revolutionary step and will strengthen Prime Minister Narendra Modi's vision for industrial transformation... Through IESW, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward." IESA is also collaborating with Gujarat, Odisha, Telangana, and Chhattisgarh for the event that aims to enhance the overall quality and functionality of the existing ecosystem by pioneering groundbreaking solutions and innovations that can reshape the industry's landscape at IESW 2025.
Time of India
7 days ago
- Business
- Time of India
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will facilitate new business deals, foreign collaborations, and the signing of Memorandums of Understanding (MoUs) aimed at strengthening India's position as a global manufacturing hub for advanced clean energy technologies. Delegations from countries such as Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to participate. " India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments, and we believe that this 11th edition of IESW will serve as a crucial milestone, significantly transforming the landscape of the country's energy storage, electric vehicle, and green hydrogen industries," said Vinayak Walimbe, Managing Director of Customized Energy Solutions. The event, hosted at the Yashobhoomi Convention and Expo Centre, will feature participation from more than 1,000 companies and over 150 key partners and exhibitors. Gujarat, Odisha, Telangana, and Chhattisgarh are on board as state partners, with support from various Union Ministries. As per government data released in 2023, more than 6,600 cleantech startups are currently operating in 450 districts across 34 states and Union Territories. IESA has projected that Indian battery and mobility startups are likely to attract investments worth USD 500 million within a year. "IESW 2025 is not just an event; it is a pivotal moment for the energy storage sector in India. We have a dedicated day each for stationary storage, green hydrogen, e-mobility and manufacturing in the same. This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward," said Debmalya Sen, President of IESA. The conference will serve as a launchpad for factory and gigafactory announcements, showcasing advancements in battery technologies such as solid-state batteries, lithium-sulfur, sodium-ion, and thermal storage systems. The event aims to enhance domestic manufacturing capabilities and establish a secure supply chain across energy storage and clean technology sectors.
Time of India
7 days ago
- Business
- Time of India
India set to attract over ₹8,000 crore investment in energy storage, EV, green hydrogen at IESW 2025
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will facilitate new business deals, foreign collaborations, and the signing of Memorandums of Understanding (MoUs) aimed at strengthening India's position as a global manufacturing hub for advanced clean energy technologies. Delegations from countries such as Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and Korea are expected to participate. " India Energy Storage Week 2025 is poised to be a game-changer for India's energy storage sector. We anticipate a remarkable surge in investments, and we believe that this 11th edition of IESW will serve as a crucial milestone, significantly transforming the landscape of the country's energy storage, electric vehicle, and green hydrogen industries," said Vinayak Walimbe, Managing Director of Customized Energy Solutions. The event, hosted at the Yashobhoomi Convention and Expo Centre, will feature participation from more than 1,000 companies and over 150 key partners and exhibitors. Gujarat, Odisha, Telangana, and Chhattisgarh are on board as state partners, with support from various Union Ministries. As per government data released in 2023, more than 6,600 cleantech startups are currently operating in 450 districts across 34 states and Union Territories. IESA has projected that Indian battery and mobility startups are likely to attract investments worth USD 500 million within a year. "IESW 2025 is not just an event; it is a pivotal moment for the energy storage sector in India. We have a dedicated day each for stationary storage, green hydrogen, e-mobility and manufacturing in the same. This year, we will witness the convergence of world-class innovations and foreign investments that will drive our industry forward," said Debmalya Sen, President of IESA. The conference will serve as a launchpad for factory and gigafactory announcements, showcasing advancements in battery technologies such as solid-state batteries, lithium-sulfur, sodium-ion, and thermal storage systems. The event aims to enhance domestic manufacturing capabilities and establish a secure supply chain across energy storage and clean technology sectors.
