Renewable sources are expected to help meet 40% of India’s power needs by 2030. We help companies, investors, international lenders and governments to identify new opportunities, assess market risks and prepare plans for long-term growth in this sector.
To overcome air pollution, manage infrastructure challenges, and reduce dependency on fossil fuels, Government of India is looking to promote electric mobility in a big way. We work with auto-companies, government organizations and think tanks to assess possible risks, identify solutions and prepare roadmap for transition to electric mobility.
We provide Strategic consultancy, Market segmentation analysis, Customer analysis, Pricing strategy, Marketing case studies, Competition Benchmarking, Policy & Regulatory advocacy, Opportunity assessment studies, and Investment advisory to Indian and International clients.
For the Indian market, we provide market intelligence subscription services across RE (solar, wind, hybrid) and EV sectors as part of which access is given to an online portal of projects, tenders, sales, prices, policies, and regulations.
“JMK Research’s comprehensive and well-organized online portal has become an invaluable tool for us. Their commitment to accuracy and reliability in delivering critical regulatory information has been instrumental in helping us navigate the ever-evolving energy landscape. We highly appreciate the professionalism and expertise that JMK Research brings to the table and look forward to continuing this beneficial partnership.”
“JMK Research and Analytics has been an invaluable asset to our team at BPCL. Their insights into the Indian renewable energy sector have been consistently accurate and timely. The depth of their analysis and the clarity of their reports have always helped us understand this rapidly evolving market. We highly recommend JMK for their exceptional quality of service and expertise.”
Market share of top 2 OEMs in E2W segment grew by 12% in CY2023 India has shown ~5% E2W adoption in overall 2W segment in CY2023. The segment has shown a 35% year-on-year sales growth in the country. The overall E2W market is fragmented with more than 150 players in the category. However, the top 2 E2W players captured more than 50% of the market share in CY2023. Fig 1: Market share analysis of E2W OEM’s in India Source: Vahan…
Uttar Pradesh Green Hydrogen Policy 2024 On 4th January 2023, The National Green Hydrogen Mission (NGHM) was launched with an initial outlay of Rs 19,744 crore from FY2023-24 to FY2029-30. This initiative supports the green hydrogen policy, aiming to make India a global hub for the production, usage, and export of green hydrogen and its derivatives. The mission targets developing a green hydrogen production capacity of at least 5 million metric tonnes per annum by 2030, alongside adding approximately 125…
6.5% of total vehicles sold in India in 2023 were EVs The electric vehicle market in India is witnessing rapid growth with a year-on-year (y-o-y) surge of ~50% in CY2023. EVs accounted for 6.5% of total vehicle sales during the last calendar year. This growth reflects the rising electric vehicle market share in India, with the E2W segment leading at 56% of total EV sales in CY2023. In terms of y-o-y sales growth, the electric car segment saw the highest…
Pump Hydro Storage and FDRE tenders accounted for 91% of the entire ESS tender issuance in 2023 Akin to the rise of renewables, large-scale tendering is playing a crucial role in the growth of the Energy Storage Systems (ESS) market in India. Over the past few years, grid-scale ESS tendering in India has had unprecedented growth. Remarkably, tender issuance for grid-scale ESS in India (including pump hydro storage) has shot up by >35 GW in 2023 alone. Over the years,…
