Working women
India has some 5 million people entering the workforce every year. As per World Bank data, women account for 48% of the Indian population but have not benefited equally from India’s rapid economic growth. Less than a third of women are working or actively looking for a job. * * * * *
Electric vehicles
There are only 27 cars for every 1,000 Indians, compared with 570 for the same number of Germans. More and more electric vehicles (EVs) are hitting the road and EVs may comprise 28% of new vehicle sales by 2040 in a nation of about 150 million drivers.
An average Indian earns about $2,000 a year, and the best-selling gas guzzler costs $4,000. More than 8,000 EVs were sold locally during the past six years but China sells more than that in two days.
The EV segment still isn’t making meaningful strides more than four years after the government started....
