EV to Dominate in India by 2030, Mahindra Says

The transcript discusses various growth areas for 2021, focusing on the farm and auto businesses in India. It highlights emerging business opportunities, including unlisted entities and sectors like solar and rural housing. The discussion shifts to electric vehicles, emphasizing the role of government in facilitating EV adoption through cost parity, infrastructure, and technology. Finally, it touches on US-India relations, expressing optimism about a strong trade pact under Joe Biden's presidency.

What is the market share of the company in the tractor business in India?

• 25%

• 43%

• 50%

• 60%

Which business is considered nascent in India but has significant global potential?

• Hospitality

• IT services

• Influence business

• Auto business

What are the three factors driving the adoption of electric vehicles in India?

• Manufacturing costs, export potential, and brand reputation

• Fuel prices, environmental policies, and consumer interest

• Government subsidies, market demand, and innovation

• Cost parity, infrastructure, and technology

By what year is it predicted that electric vehicles will overtake internal combustion engines in sales?

• 2040

• 2025

• 2030

• 2035

What is the main expectation from the US-India relationship under Joe Biden's presidency?

• Increased military cooperation

• A strong trade pact

• Joint space missions

• More cultural exchanges