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Indian Government Approves Policy to Promote EV Manufacturing in the Country

|Approved Changes|India
India

On 15 March 2024, India's Press Information Bureau published a release on the government's approval of a policy to promote electric vehicle manufacturing in the country.

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Government approves E- Vehicle policy to promote India as a manufacturing destination for EVs

  • Minimum Investment Rs 4150 Cr required with no cap on maximum Investment
  • 3 years timeline for setting up manufacturing facil…

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