In December 2011, the Indian Automobile Manufacturers Association SIAM and the Ministry of Heavy Industry released a report saying that the Indian government plans to invest about 225 billion rupees (US$4.3 billion) in the domestic market to raise the electric vehicle market.
It is reported that the report will become the basis for the government's future development plan for electric vehicles. The report predicts that by 2020, the total number of electric vehicles in India will reach 6 million to 7 million, but about 4.8 million of them will be two-wheel electric vehicles.
It is understood that the Indian government intends to provide a development platform for electric vehicles. During the 12th Five-Year Plan period, it will invest 7.4 billion rupees in the development of electric vehicles, and at the same time establish a cabinet group to supervise the implementation of the project. At present, most of the Indian electric motor vehicle manufacturers are still in the two-wheeler stage. The five electric motor vehicle manufacturers headed by hero electric Hero Electric only develop electric Scooter two-wheelers. Only Ma Hengda Reva develops electric cars.
In addition, the current return on returns is expected to be at a higher level. The report predicts that the total revenue of the electric vehicle sector will reach 430 billion rupees, of which four-wheel electric vehicles contribute 710 billion rupees, while two-wheel electric vehicles reach 280 billion rupees. Siemens SMT Feeder Units are specially designed for Siemens SMT Machine use. Siemens SMT feeders have the D type and the X type series. These types of feeder series are applicable and uniquely design for different Siemens pick and place machine models. Our company can provide all types of Siemens SMT Feeder units. For inquiries, please contact us or you can also visit our official website to learn more about Siemens feeder products.
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