Company plans to produce 3,000 DC chargers annually by 2027 while targeting 15% market share to support government electrification goals.
17 Jul 2025 | 1486 Views | By Angitha Suresh
EVERTA announced the launch of its DC charger manufacturing operations in India on July 17, 2025, establishing a production facility in Bengaluru that will become operational in the third quarter of this year. The company aims to manufacture 3,000 DC chargers annually by 2027 and capture 15% of India's DC ...
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EVERTA announced the launch of its DC charger manufacturing operations in India on July 17, 2025, establishing a production facility in Bengaluru that will become operational in the third quarter of this year. The company aims to manufacture 3,000 DC chargers annually by 2027 and capture 15% of India's DC charging market share by 2030.
The manufacturing facility will produce DC chargers ranging from 60kW to 320kW and beyond, designed to serve various electric vehicle categories including three-wheelers, passenger cars, buses, and trucks. EVERTA plans to achieve over 50% domestic value addition initially, with a target of complete localization in the coming years.
The company's market entry aligns with the Indian government's Make in India and Atmanirbhar Bharat initiatives. EVERTA expects to create 400 to 450 direct and indirect jobs across manufacturing, deployment, and service operations. The company has partnered with StarCharge, which has deployed over 2 million charging units across 60 countries, under a Technology Licensing Agreement for manufacturing and servicing DC fast chargers in India.
According to company officials, EVERTA's 15% market share target would support charging infrastructure for 4 million electric vehicles, contributing to the government's objective of achieving 30% electric vehicle adoption for new vehicle sales. The company plans to work with charge point operators, fleet operators, and businesses to expand charging infrastructure.
Benny Parihar, Managing Director of EVERTA, stated that the company focuses on building charging solutions adapted to Indian conditions and customer requirements. CEO Manasvi Sharma emphasized the company's service-oriented approach, highlighting uptime performance and customer support as priorities.
India's electric vehicle market has been expanding as part of national sustainability and energy security goals. The government has implemented various policies and incentives to accelerate electric vehicle adoption across different transportation segments. The charging infrastructure development remains a critical component for supporting this transition, with both public and private sector investments increasing in recent years.
EVERTA's entry into the market comes as India works to build sufficient charging infrastructure to support growing electric vehicle sales. The company's focus on DC fast charging addresses the need for rapid charging solutions, particularly important for commercial vehicle fleets and long-distance travel applications.