The agricultural sector in India is going through a process of rapid modernisation. And sizeable funding from the Central Government is being made available for this sector. Here are two examples:

With the increase in the popularity of mobile cold chain facilities and refrigerated containers, there is a sizeable demand for Li-ion batteries.

Similarly, with the usage of drones for applying fertilisers and pesticides, there is a significant requirement for Li-ion batteries.

Apart from these two institutional developments, electric vehicles are becoming increasingly popular in rural parts of India.