Govt must galvanise the eco-system for electric vehicles in India

As the union budget 2017 is about to be unfold, Indian industries have geared up to seek Government support to create a favourable business environment with adequate financial support for their respective sectors. Here, the electric vehicle (EV) industry, has also been advocating a few demands that can give it a strong foothold in the Indian market and later, on the exports front. The wish list has expectations for bringing our nation closer to its sustainable and green mobility goals.

The electric vehicles industry has demanded zero percent VAT, concessions on tax, easy credit, loans, infrastructure and subsidies for battery replacements.