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EV Scenario in india

In India, majority of the oil demand comes from the transport sector. The sector accounts for over 40% of the total oil consumption with around 90% of the demand arising from the road transport. By 2020, 330 mt(million tons) of carbon emissions are expected to arise from the transportation sector, 90% of which may be from road transport alone7.

The premier think tank of GoI, NITI Aayog (National Institution for Transforming India), reports that India

can save 64% of anticipated passenger road-based and mobility-related energy demand and 37% of carbon emissions by 2030 if it pursues electric mobility in future. This would probably result in an annual reduction of 156 MToE in diesel and petrol consumption for 2030, saving INR3.9 lakh crores (or ~US$60 billion (at US$52/bbl of crude)). The cumulative savings for the tenure 2017- 2030 is expected to reach 876 MToE of savings for petrol and diesel, which totals to INR22 lakh crores (or ~US$330 billion), and 1 gigaton for carbon-dioxide emissions

Source Bee india