EV Makers Expect Tax Cuts and Incentives in Budget 2023

The industry also wants the EV sector to be included in priority sector lending

January 30, 2023

/ Electric Vehicles, Grid, Market & Policy, Mercom Research Focus

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The Indian electric vehicle (EV) industry is hoping for the government to rationalize the indirect tax structure on EV components and extend the rollout of incentives under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) program.

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Arjun Joshi

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EV Makers Expect Tax Cuts and Incentives in Budget 2023

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