Exicom’s chief executive eyes 50% of its total revenue from EV charger business by 2030. Its EV charging business brought in INR 2.43 billion in fiscal 2024, one-fourth of the company’s overall revenue which company plans to double by 2030. To proceed in the direction, company plans EV charger production in its new plant in Hyderabad next year and even visions to cater EV makers outside India as well.
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