New Delhi, Feb. 25 -- A National Export Strategy for electric vehicles is now a strategic necessity for India to scale production and improve cost curves as global EV sales are projected to triple by 2030.

According to a FICCI-Yes Bank report titled 'EV Market - India's Export Competitiveness' released at the 3rd FICCI National Conference on Electric Vehicles (EVs), infrastructure augmentation and alignment with international safety and sustainability standards remain key to capturing emerging global value chains.

"As India invests in ecosystem development to enhance capabilities and its EV market starts to gain significance, exports become a strategic opportunity to scale production, improve cost curves, develop high-quality products w...