Last year, the FAME scheme had received Rs 2,058 crore, down from Rs 3,921 crore the year before, indicating a gradual ...

India seeks to curb reliance on China’s EV supply chain by prioritizing local manufacturing and battery technology. Public ...

Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and ...

In her budget 2025 speech, FM Nirmala Sitharaman announced a National Manufacturing Mission, saying it will boost the EV ecosystem.

The budget proposes full exemption from basic customs duty to cobalt powder and waste, lithium-ion battery scrap, lead, zinc, ...

One of the most pressing concerns in the EV industry is the inverted GST structure. Currently, manufacturers procure electrical components at 12 per cent and 18 per cent GST and mechanical parts at 28 ...

As the Union Budget 2025-26 approaches, the electric vehicle (EV) sector calls on Finance Minister Nirmala Sitharaman to ...

With ambitious goals like achieving 30% EV penetration by 2030, the challenges of affordability, infrastructure gaps, and ...

Alongside this, the government has introduced a Clean Tech manufacturing support programme. As part of this, customs duty exemptions now cover 35 additional capital goods essential for EV battery ...

While India has long relied on subsidy-driven EV adoption under schemes like FAME (Faster Adoption and Manufacturing of Electric Vehicles, 2015–2024), policymakers are shifting towards domestic ...