India Sells Over 1 Million EVs, Emerges as Fastest-Growing Market

12 Sep 2025 CW Team

India has emerged as one of the fastest-growing electric vehicle (EV) markets globally, with over 1 million EV units sold in 2024-25, Union Minister HD Kumaraswamy announced on Wednesday.

Speaking at the Auto Retail Conclave organised by the Federation of Automobile Dealers Associations (FADA) via video message, the Minister for Heavy Industries and Steel highlighted the rapid transformation of India’s automobile sector. He noted the shift from internal combustion engines to clean mobility, and from serving domestic demand to pursuing global aspirations.

“In 2024-25, India sold more than one million electric vehicles, with electric two-wheelers growing 21 per cent and electric three-wheelers increasing 57 per cent. India is now among the fastest-growing electric vehicle markets in the world,” Kumaraswamy stated.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..