Thinking of starting a new business? You can start with low investment, without hiring staff, and still earn lakhs of rupees. An Electric Vehicle (EV) charging station is a great option.
With petrol and diesel prices rising, the demand for EV charging stations is growing rapidly. This business requires less space, minimal staff, and no complicated licensing process. With the right location and smart planning, you could become the “charging king” of the EV era.
Contents
Easy Setup and Approvals
As per the Ministry of Power, you don’t need a license to set up an EV charging station in India. You only need a few basic approvals such as a No Objection Certificate (NOC) from the Forest Department and the Municipal Corporation.
Cost and Space Requirements
The setup cost can range from ₹1 lakh to ₹50 lakh, depending on the type of charger. This includes:
New electric connection
Civil work
Technician and maintenance
Advertising and marketing
EVSE management software
Site rent
The machine itself needs only 10 sq. ft., but you’ll need at least 100 sq. ft. for parking and vehicle movement.
Minimal Staff Needed
Many companies provide a complete setup including equipment, software, and mobile app. Payments and billing happen online, so there’s little need for staff.
Earnings Potential
If you install a 3000 kW capacity charging station and charge ₹2 per kW, you could earn around:
₹2.25 lakh per month
₹25 lakh per year
Why This is a Golden Opportunity
No license required
Works with limited staff
High market demand due to the EV boom
Can be set up in small spaces
If you pick the right location and build good charging infrastructure, this could become a highly profitable business in the coming years.