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25% e-Rickshaw Market Share by 2021 Expected by Jindal Stainless
June 10, 2019
According to Jindal Stainless, the e-rickshaw market will generate revenue to the tune of ₹200 crores during the next two years. It said that it expects to get a 25% market share during the same period.
Jindal Stainless is said to have developed the country’s first stainless steel e-rickshaw prototype which is sturdier and offers better performance than carbon steel e-rickshaws. It’s now looking to expand business in West Bengal, Uttar Pradesh, Gujarat, Maharashtra, and NCT.
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