The government is taking various steps to make EVs a popular option by giving tax deductions and in some states registration fee waivers etc.  Growing income and rapid urbanisation are other demand drivers for this sector, asserts Anand Vardarajan, Chief Business Officer, Tata Asset Management.

From its modest beginning as an open outcry floor trading exchange in the late 1800s to becoming only the second country after China to start the process of transitioning to a T+1 equity settlement mechanism in 2022, the Indian stock market has come a long way to emerge as one of the largest market ecosystems in the world. Undoubtedly, technology has been the key driver of the dramatic transformation in the brokerage industry.