Okinawa Autotech Founder Jeetender Sharma on India's Scooter EV Race

The transcript discusses Okinawa's goal to achieve 100% localization by the end of the fiscal year, addressing supply constraints and planning strategies. It highlights the company's investment plans, targeting $70-80 million in fundraising to support growth and international expansion. The discussion also covers the potential of the Indian and global EV markets, and the impact of government policies on EV taxation.

What is Okinawa's localization target by the end of the fiscal year?

• 80%

• 90%

• 100%

• 95%

What is one of the main challenges Okinawa faces in achieving 100% localization?

• Limited market demand

• High production costs

• Lack of skilled labor

• Semiconductor shortages

How much is Okinawa planning to invest in its infrastructure over the next year?

• 500 crore rupees

• 700 crore rupees

• 200 crore rupees

• 300 crore rupees

What is the expected market size for EVs in India in the next two to three years?

• 3 to 4 million

• 12 to 15 million

• 8 to 10 million

• 5 to 6 million

Which regions is Okinawa already exporting to?

• Europe and Africa

• Sri Lanka, Nepal, Japan, and Latin America

• Australia and New Zealand

• Middle East and North Africa

What is the current GST rate on EVs in India after the reduction?

• 18%

• 12%

• 10%

• 5%

What is Okinawa's primary focus in terms of market expansion?

• Only the global market

• Neither market

• Only the Indian market

• Both Indian and global markets