ARC Electric Secures Invest India Support for EV Expansion

Invest India, the national investment promotion and facilitation agency under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has announced a strategic partnership with ARC Electric, an electric cab service provider for corporate clients.

The collaboration aims to boost electric mobility adoption in India’s corporate transport sector.

Supporting Expansion into Tier 1 and Tier 2 Cities

Through this partnership, Invest India will support ARC Electric’s expansion plans by providing funding assistance, infrastructure development, and guidance for implementing electric mobility solutions across Tier 1 and Tier 2 cities.

ARC Electric plans to enter key urban markets such as Hyderabad and Bangalore, with a target to deploy over 5,000 electric vehicles within the next 18 to 24 months.

Kuldeep Singla, Senior Manager at Invest India, “This partnership reflects Invest India’s commitment to supporting enterprises that contribute to cleaner mobility solutions.”

The partnership is part of Invest India’s broader push to promote sustainable industrial growth and environmental responsibility through private sector collaboration.

Focus on Corporate Electric Mobility

ARC Electric’s Founder and CEO, Abhinav Kalia, highlighted the significance of this collaboration for the company’s future. “Our goal is to scale our electric mobility offerings in key business hubs and serve corporate clients with eco-friendly transport solutions,” he said.

By targeting business customers, ARC Electric aims to position itself as a reliable provider of sustainable transportation options that help reduce urban pollution and support India’s transition to greener mobility.

India’s EV market is booming and is among the fastest growing EV market globally, especially in electric two wheeler and three wheeler segments. India’s electric vehicle market is poised for robust expansion with projected sales of 138,606 units in 2025, marking a significant 40 percent growth from the previous year’s 99,004 units, according to  “Transformative Trends in the Indian Electric Vehicle Market – 2025 & Beyond” report by Frost & Sullivan. The country’s EV landscape is being driven primarily by battery electric vehicles (BEVs), which account for 99.9 percent of the market, while plug-in hybrid electric vehicles (PHEVs) remain minimal at just 0.1 percent.