There is a Rs 14,000 crore reason for Altigreen to do so. The Indian 3W market is projected to grow to ₹14,000 crores in FY23 with electric 3Ws (L5 segment) comprising around 20% penetration at ₹4,500 crores. And if the current trend continues, electric three wheelers may soon capture a significant portion of the Rs 14,000 crore market.from Industry-Economic Times
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