Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

Incentives, tax exemptions, and manufacturing plans beckon India’s EV revolution

July 12, 2019

/ Ramya Ranganath
/ Electric Vehicles, Grid
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In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed up the transition of the automobile industry from fossil fuel dependent to electric.

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Ramya Ranganath

More articles from Ramya Ranganath.
Budget2019charging infrastructureCO2Electric VehiclesEVFAME IIGSTMake in IndiaNirmala sitharaman
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