MSME sector has vast potential to boost EV Industry, says MoS MSME
MSMEs can immensely contribute to the Electric Vehicles (EV) industry and entrepreneurs and MSMEs working in this field will take it forward, said Bhanu Pratap Singh Verma, MoS for MSME at the 15th EVEXPO 2022.
The eco-friendly Electric Vehicle Technology Expo took place from August 5 to 7 and was inaugurated by the Minister, said the press release. Lauding MSMEs for their contribution in fulfilling the needs of India during the peak of pandemic by manufacturing sanitizers, masks, and other items, he said MSME sector similarly can help the EV industry grow rapidly.
Speaking on the occasion, Anuj Sharma, Chairman, Electric Vehicle Committee, Govt. of India & Founder EV Expo said "As the Central Government's FAME II subsidy is coming to an end, I feel that the State Governments should come forward now.”