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FALLING SHORT: ON INDIA'S EV JOURNEY
June 06, 2025
|Southern Mail Newspaper
On June 2, India took a turn for the better in its transport electrification journey by offering a concessional import duty of 15% on completely built-up units.
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This is contingent on the EV manufacturer investing a minimum of about ₹4,150 crore over three years to localise manufacturing in India, with a base domestic value add of 25% in three years, going up to 50% in another two years.
The notification, under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) announced in March 2024, allows for a maximum import of 8,000 completely built units annually for each manufacturer for five years.
هذه القصة من طبعة June 06, 2025 من Southern Mail Newspaper.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Southern Mail Newspaper
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