💨 Abstract
The article discusses the growth opportunity for India's stainless steel industry due to the anticipated increase in electric vehicle (EV) adoption. The EV market is expected to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets. This shift in automotive manufacturing creates new opportunities for stainless steel applications across the EV value chain, including battery enclosures, structural components, and charging infrastructure.
Courtesy: theprint.in
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