centre approves ev policy to ease path for global industry giants
New Delhi, March 16 -- The Centre on Friday approved an e-vehicles policy, allowing the limited imports of cars by global EV giants at a concessional duty of 15%, provided they invest a minimum of $500 million to set up a manufacturing plant in India, paving the way for the entry of multinational firms such as Tesla in the country. "The policy is designed to attract investments in the e-vehicle space by reputed global EV manufacturers," industry secretary Rajesh Kumar Singh said.BOOK II...
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