India must target full electrification of 2, 3-wheelers in 4 years: Kant

80% of vehicle sales are in those segments, says the country's G20 Sherpa as he hails 'electric revolution'

India must target "100 per cent electrification" of two- and three-wheelers in the next four years, said G20 Sherpa Amitabh Kant on Wednesday, adding that the country can become a global champion in the two segments.

The segments account for 80 percent of the domestic automobile industry's volumes. His statement comes amid the rapid electrification trend the two segments have seen in the recent past. Electric two-wheelers accounted for two per cent of the total market in FY22.

"Go for 100 per cent electrification in two-wheelers and three-wheelers, go for size and scale, get the entire value chain of components