Is growing EV adoption really good for India?

Photo by Kindel Media: https://www.pexels.com/photo/ev-charger-in-california-usa-9800004/

There is no doubt about the fact that EV adoption has taken off in India. The evidence of this is most prominently visible in the shape of e-rickshaws and electric two-wheelers that seem to be proliferating all around us. We also see a sizeable number of electric cars parked in Indian residential areas or moving around the roads of the larger cities of India. The EV sales in 2023 surpassed 1.5 million in 2023…