For an in-depth analysis of charger types and their market value, access our full report: 

https://www.nextmsc.com/report/india-electric-vehicle-ev-charging-market 

On the other hand, DC chargers, known for their high-speed charging capabilities, are set to play a crucial role in meeting the demands of commercial EV fleets and long-distance travelers. With a market value of $191.5 million in 2023, DC chargers are poised for exponential growth in the coming years, driven by the expansion of public fast-charging infrastructure. 
While both AC and DC chargers will serve complementary roles in creating a robust EV charging network across India, NMSC’s in-depth analysis indicates that DC chargers, due to their superior speed and efficiency, will experience significant growth in comparison to DC chargers as they become essential for high-speed charging, particularly catering to commercial fleets and long-distance travel requirements.

KEY CHARGE POINT OPERATORS (CPO) SHAPING INDIA’S EV CHARGING LANDSCAPE

As the number of EVs on Indian roads continues to rise, several Charge Point Operators (CPOs) have stepped up to meet the growing demand for public charging stations. Below is a detailed look at the major players and their contributions to India's charging network in 2023:
The list of CPOs highlights the diversity and scale of operations in the EV charging ecosystem. Companies like Tata Power, Ather Energy, and jio-bp pulse have become leaders in building the necessary infrastructure, contributing significantly to the growth of India's EV sector. Here is a detail list of CPO in India.
 
Source: Next Move Strategy Consulting

According to the Government of India, the count of public charging stations stands at approximately 12,000. However, through a comprehensive analysis of primary and secondary data obtained from company websites and assessing a total of 54 charge point operators, NMSC estimates the total count of public charging stations as of 2023 to be around 29,000. 

For a detailed analysis of CPO in India EV Charging market, you can purchase our customized report: https://www.nextmsc.com/report/india-electric-vehicle-ev-charging-market 
CONCLUSION

India's electric vehicle revolution is gaining momentum, and the development of a robust EV charging infrastructure is at the heart of this transformation. With strong government backing, increasing EV sales, and innovative charge point operators leading the way, the future of India's EV ecosystem looks promising. As CPOs continue to expand their networks, the dream of sustainable mobility is closer than ever to becoming a reality.

ABOUT THE AUTHOR

Sikha Haritwal is a researcher with more than 5 years of experience. She has been keeping a close eye on several industry verticals, including construction & manufacturing, personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others. When she is not following industry updates and trends, she spends her time reading, writing poetry, cooking, and photography.  The author can be reached at info@nextmsc.com