India E-Rickshaw Market Size To Hit US$ 2.3 Billion By 2027
IMARC Group has recently released a new research study titled " India Electric Rickshaw Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ", The India electric rickshaw market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.7% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Year considered to estimate the market size: • Base year of the analysis: 2022 • Historical period: 2017-2022 • Forecast period: 2023-2028 Electric rickshaw refers to battery-operated three-wheelers vehicles. They comprise of a motor, harness, controller, battery, and throttle. Electric rickshaw variants have lower operational and maintenance costs and are strong, lightweight, non-conducting, and highly durable. They are ex...