acuity-law

TECHNOLOGY STARTUPS: QUARTERLY UPDATE ON LEGAL AND REGULATORY DEVELOPMENTS

The tech industry in India has been growing at a rapid pace, attracting significant interest and attention of global investors. Growth in adoption of digital services has resulted in a major shift in consumer behaviour, traditional industrial activities and relationships between different players in the economy. For the last two decades, regulators across the globe have been grappling with issues arising out of these changes and their impact on the interests of consumers and workforce. In 2020, there have been some interesting developments in the legal and regulatory regime in India concerning the tech industry and more particularly tech startups. We are sharing some of the key regulatory updates in this space that have occurred in the last quarter of 2020.

India Driving Towards Electric Mobilityy

India Driving Towards Electric Mobility

India’s Electric Vehicle (‘EV’) industry is still at its nascent stage; however, given the country’s market size coupled with the Government’s aggressive EV adoption policy, EV sales in India have grown by 20 percent at 1.56 lakh units in FY 2019-20.  The backbone to this is the various policies and incentives announced by the Central and State Governments. India’s recent EV push is also a part of its clean energy future framework, which is in harmony with the Paris climate agreement.  We are happy to share our report in which we have analyzed the Indian Government’s contribution towards revolutionizing the domestic EV market. Hope you find this a good read.