Photo of Lakshmi Prakash

Principal Associate in Project and Project Finance team and the Insolvency team at the Bangalore office of Cyril Amarchand Mangaldas. Lakshmi's areas of expertise include projects, project financing, structured financing  and has wide range of expertise in advising developers, lenders and investors in the renewable energy, real estate and transportation sectors. She can be reached at



Part I - Electric Vehicles: Disrupting the Automotive Ecosystem

The Indian economy is one of the fastest growing economies in the world, with an increasing demand for energy. Given that historically India has relied on pollutant hydrocarbons to run its power plants and vehicles, there has been an increasing focus on setting ambitious ‘green’ targets, especially in light of the alarming levels of pollution in India. The Government of India (GoI) has actively encouraged the adoption of electric vehicles with the idea of shifting the production of new automotive vehicles from internal combustion engine models to electric vehicles by 2030.
Continue Reading