Indus Towers’ Bold EV Charging Bet - Can It Hit 10%+ Returns?

[{"selector":"#anim-4587870c-18d3-4a9d-b8e4-d4d72fb17472","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4a55999b-0ae0-4931-8ecf-6dcaa7944952","keyframes":{"transform":["rotate(-270deg) translate3d(0px, 4524.78608%, 0) rotate(270deg)","rotate(-270deg) translate3d(0px, 0px, 0) rotate(270deg)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Written by: Tabish Sultan Credits: industowers.official, Instagram EV Spotlight

Trying Something New

[{"selector":"#anim-faa1a96b-72cd-4640-b3f9-a20bc60a0d16","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7107f1a-0308-4c19-9eb0-ef48a4b9fcb8","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-efd8864b-5123-4e71-9139-60ad97768e75 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-217a882b-97ed-4852-a40d-20e0d8acce45","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a333f9a0-1105-4fd0-a871-8b6994d1f823","keyframes":{"transform":["translate3d(-334.188%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d76deec-7edb-4a09-98bf-d24ee595e652","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-465a2f1a-a062-46fd-8cca-eed720468bba","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus Towers is exploring EV charging stations to grow its business but plans to keep its telecom towers as the main focus, ensuring its primary operations remain strong while testing this new opportunity. Credits: FLUX-schnell

Testing EV Stations First

[{"selector":"#anim-72d149a8-0dd7-40d8-b38d-ab11751db486","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6912a08f-c668-4749-8c4e-9de982996f8e","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a050b8e3-239a-4cf3-ac6a-6a06931f3023","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5966ac5-129a-4d5f-8529-24e3fcea5d86","keyframes":{"transform":["translate3d(84.66258%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e157ebf-4633-43a2-ac92-a1faad9ce95a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4272867e-7bb8-4822-afc2-ed0a535caf65","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-198d95d4-2887-43d8-9971-ee1ad3ef355b","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Pilot projects in Gurugram and Bengaluru are helping Indus evaluate how well it can manage EV charging infrastructure, ensuring the setup works efficiently before moving to larger-scale deployments. Credits: FLUX-schnell

Separate Team for EV Work

[{"selector":"#anim-e392326a-c85f-4d9b-98d6-a86bedd11297","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d281174-7b07-4174-abca-61edb49b2e24","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21375893-7bd1-49d0-bd89-5a2ec00acc90","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0fc12dc-aa38-4209-a355-4728d7701c17","keyframes":{"transform":["translate3d(-333.33333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75c8b971-7593-4bb9-ad01-63d14723517d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d0c80a03-22d9-4a62-8947-d88fb090cc08","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e4396e9-7aba-41ca-9550-8725fb9ec2c1","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] To protect its telecom operations, Indus has formed a separate team to focus solely on the EV business. This helps ensure both areas get the attention and resources needed for growth. Credits: FLUX-schnell

Using What They’re Good At

[{"selector":"#anim-785356b9-77f6-4843-b826-51c76dd0c8b9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-759250a7-766d-4738-93b6-2cef4472016f","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02f684af-ebfc-4a73-b1ee-b580e743ee6e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-18575d9e-317d-40d3-8c6e-8361521a80e7","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-51080132-b9fb-45ed-b7ef-a74e1b82caaf","keyframes":{"transform":["translate3d(88.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06345022-7ecc-4e8d-a73e-49de77497e8b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b85d00a7-d5f5-4651-a100-bf6b38453e31","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus plans to use its skills in managing sites, electricity, and maintenance to run EV charging stations efficiently. These strengths could give the company a competitive advantage in the market. Credits: industowers.official, Instagram

Big Returns Are the Goal

[{"selector":"#anim-0b14a6ef-a234-46b4-a87c-1f94ee741d49","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3410f152-8cb2-4a29-943b-66333032bbb2","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b92bb49-5c7a-4921-a852-f20279c0691a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7e5017c7-6262-4036-a285-c084fb4bb97e","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5e5c94b-cc56-4174-9116-1529fd6264ee","keyframes":{"transform":["translate3d(-339.13044%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-14fb4b6c-cdbd-4386-a8a7-fa06b9b5529d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ef41592-5dcd-4e79-afda-aab1f76354bc","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus is targeting more than 10% returns from its EV charging business. By carefully selecting the right projects and partnerships, the company is working to make this venture financially successful. Credits: FLUX-schnell

Money to Support Growth

[{"selector":"#anim-08406add-9082-4291-812f-31b3a2275c8f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8cc6d5b5-2d2f-4038-8181-273a605fb9b2","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0b87dff-49f2-4530-b41e-6e5eeddfa90a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2a0fd1f2-c47b-4838-8a5f-8cfed48cbb65","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62d05ea8-8eb4-446c-be83-022241c2fb97","keyframes":{"transform":["translate3d(84.14634%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52042c89-11e3-427f-bb17-dce10150f06c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d142c090-8cf1-454d-9c2e-a5c64baa987e","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] With improved finances, thanks to Vodafone Idea payments and increased profits, Indus now has the resources to invest in EV charging while also considering dividend payouts for shareholders. Credits: FLUX-schnell

Huge Profit Growth in Q3

[{"selector":"#anim-aebdce7c-731c-4179-b357-d16b6e7bcc51","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58dda434-03a4-4496-a7e2-46a3e1cfb1f0","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e89aed17-a264-4f33-a932-417bdb49788c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8ff2f097-3e98-4006-886c-3e8d75f28345","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09e60bc9-5249-40e4-8fb3-9cdcc33d3d97","keyframes":{"transform":["translate3d(-339.13044%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c211932a-3dc5-4d70-a97a-76e02218ec84","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97c70cd9-f501-4489-9bec-85ba788ddf01","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus Towers reported a 159.9% profit increase in Q3 FY24 compared to last year, driven by better collections and new towers, which provides a strong financial base for its new investments. Credits: FLUX-schnell

Step-by-Step Approach

[{"selector":"#anim-76b779c1-b262-4356-83d4-60a81bc7cbc0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-631d3ff5-cf77-416d-a189-4ed3b596e06f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0a6542e-4bf1-433e-93fb-137f87f08f3a","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ffeae49-5ac5-4610-907e-c7d71d039d82","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73bf8b0f-b7e5-443c-a539-7f7e49bf03f0","keyframes":{"transform":["translate3d(88.84120%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cfe69f6-dd27-4021-af40-01a7ebb6b53c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0a19123d-7fdd-490c-8250-eebee6e7e3c8","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Indus is starting small with its EV business, carefully studying the market and taking measured steps to grow. This thoughtful approach ensures its venture into EV charging is sustainable and profitable. Credits: industowers.official, Instagram

Electric Car Boom Could Bring ₹7,500 Crore to India - Here's How

[{"selector":"#anim-97fa9521-5694-4ace-a358-82ea5741fae5","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-109e91ff-6b9c-42f5-8dfd-4aeb4218c2f0","keyframes":{"transform":["rotate(-270deg) translate3d(0px, 4640.17047%, 0) rotate(270deg)","rotate(-270deg) translate3d(0px, 0px, 0) rotate(270deg)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Thanks for Reading Credits: tata.evofficial, Instagram Read Next!