The India electric scooters market size reached USD 1.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.0 Billion by 2033, exhibiting a growth rate (CAGR) of 9.60% during 2025-2033. Government incentives such as the FAME II scheme, rising fuel prices, growing environmental awareness, advancements in battery technology, and increasingly charging infrastructure are driving the India electric scooter market, making EVs more affordable, sustainable, and convenient for consumers while encouraging major automakers to expand their electric two-wheeler offerings.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.3 Billion |
Market Forecast in 2033 | USD 3.0 Billion |
Market Growth Rate (2025-2033) | 9.60% |
Government Incentives and Policies
The Government of India has rolled out a set of policies for encouraging electric mobility, which have had a strong impact on the electric scooter market. One of the pillars of these policies is the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme. Introduced in 2015, the scheme is now in its second phase (FAME II), which began in April 2019, with a budgetary outlay of INR10,000 crore. FAME II targets to promote public and shared transport electrification and subsidize 1 million electric two-wheelers, among others. The program provides incentives to lower the initial purchase price of electric vehicles, thereby making them affordable to consumers. Along with FAME II, the government launched the Electric Mobility Promotion Scheme 2024 (EMPS 2024) with an outlay of INR 500 crore for four months from April 2024 to July 2024. This scheme was introduced with the aim to boost the acceptance of electric two-wheelers and three-wheelers by offering additional financial incentives to customers. The duration of the scheme was subsequently extended by two months with an escalating expenditure of INR 778 crore, testifying to the government's eagerness to advance electric mobility. These are supplemented by other incentives like interest-free loans, top-up subsidies, waiver of road tax and registration charges, and income tax relief for individual buyers of electric vehicles. Overall, these have greatly brought down the cost of ownership of electric scooters, making them a more desirable choice for consumers.
Environmental Awareness and Sustainable Transportation
Increased environmental awareness among Indian consumers has been one of the main drivers for electric scooter adoption. Air pollution worries, especially in cities, have prompted people to look for cleaner and greener ways of mobility. Electric scooters emit zero tailpipe emissions, providing an effective means to lower the carbon footprint of personal mobility. The addition of smart features to electric scooters has also gained popularity. Contemporary electric scooters are equipped with sophisticated technologies like IoT connectivity, GPS, and smartphone connectivity, offering a hassle-free and intelligent riding experience. These features not only help with convenience but also cater to the tech-friendly tastes of young consumers, thus expanding the market base. Additionally, the cost-effectiveness of electric scooters, due to reduced operating and maintenance expenses over traditional vehicles, has drawn cost-sensitive consumers. With rising fuel prices, the economic benefits of electric scooters have gained momentum, promoting the transition toward electric mobility. In summary, the intersection of proactive government initiatives and rising awareness toward environmental sustainability has provided a conducive environment for the development of the electric scooter market in India. As these trends persist, the use of electric scooters is likely to grow, leading to a cleaner and more sustainable transport environment in the country.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on drive, battery, product, battery fitting, and end use.
Drive Insights:
The report has provided a detailed breakup and analysis of the market based on the drive. This includes belt drive, chain drive, and hub motors.
Battery Insights:
A detailed breakup and analysis of the market based on the battery have also been provided in the report. This includes lead acid, lithium ion, and others.
Product Insights:
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes standard, folding, self-balancing, maxi, and three wheeled.
Battery Fitting Insights:
A detailed breakup and analysis of the market based on the battery fitting have also been provided in the report. This includes detachable and fixed.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes personal and commercial.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Drives Covered | Belt Drive, Chain Drive, Hub Motors |
Batteries Covered | Lead Acid, Lithium Ion, Others |
Products Covered | Standard, Folding, Self-Balancing, Maxi, Three Wheeled |
Battery Fittings Covered | Detachable, Fixed |
End Uses Covered | Personal, Commercial |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: