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Budget 2024 expectations: “The Economic Survey last year projected that the electric vehicle market in India is going to grow at a CAGR of roughly around 50% till 2030. And as we speak a year down the line, India happens to be one of the fastest growing electric vehicle market in the world. We have grown at a growth rate of 50%, wherein the world has grown by roughly around 30-31% in terms of the growth in the electric vehicles. So this is one industry which will significantly contribute towards achieving the net zero commitment that we have made for ourselves till 2070. And this is one industry which cannot be missed by the Finance Minister when she comes out with a budget or the interim budget declaration,” says Saket Mehra, Partner and Auto & EV Industry Leader, Grant Thornton Bharat. Budget 2024, which will be an Interim Budget, will be presented by Finance Minister Nirmala Sitharaman on February 1, 2024 as part of the Parliament’s Budget session. #budget2024 #nirmalasitharaman #modigovernment Subscribe to The Times of India's YouTube channel: http://goo.gl/WgIatu For daily news & updates and exclusive stories, follow the Times of India Facebook: / timesofindia Instagram: / timesofindia Download the app: http://toi.in/3SLUCa80 Follow the TOI WhatsApp channel: https://bit.ly/3RYl0J9 Follow TOI+ for well-researched and in-depth news and analysis Facebook: / timesofindiaplus Twitter: / toiplus Instagram: / toi_plus