India has a large business in cycles and petrol bikes. Electric bikes come under middle segment and India is seen as future hub for electric vehicles business. Market is expected to rise by 100% this year and then 200% in the consequent years. But in order to realize this trend, we need to collectively work on the following points.
1. Strict adherence to the quality practices and should meet the automotive standards. Customer should be happy to buy using his hard earned money.
2. Entrepreneurs should take up the projects to manufacture e-bike components i.e. Battery, motors, controllers, chargers, converters, wire harness, chassis etc.
3. Best after sales service will attract the end user. Spare parts should be available easily.
4. Government should give subsidy to EV companies.
Read full news @ http://evhub.in/events/2011/02/how-the-electric-bike-market-in-india-will-improve-2/
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