Enel agrees deal to enter Indian e-mobility market

  • Reuters
  • Stock Market News
Enel agrees deal to enter Indian e-mobility market
Credit: © Reuters.

MILAN, Feb 25 (Reuters) - Italy's Enel ENEI.MI has agreed to set up a joint venture with India's Sterling and Wilson to enter the Indian e-mobility market, the head of the utility's innovative services unit said on Thursday.

The agreement is aimed at rolling out electric vehicle charging infrastructure across the country.

"India is already a very good market for electric vehicles and it is set to grow very fast," Enel X Chief Executive Francesco Venturini said in an online briefing.

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