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No proposal to provide duty concession on import of EVs: Govt

11 months ago Auto economictimes
"Presently, there is no proposal either to provide exemption from local value addition cost or to provide subsidy on import duty on import of EVs in India," Minister of State for Commerce and Industry Som Parkash said. The government has also taken various steps to boost domestic and foreign investments in India to enhance local value addition under Make in India initiative, the minister said in a written reply to the Lok Sabha. Read more at: economictimes

Tags : concession ev subsidy tesla ev concession ev adoption Minister of State for Commerce and Industry Som Parkash ev component ev import

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