Autos

Modi govt finalises new EV scheme, offers import tax cuts for local production – Deccan Herald


Under a revamped scheme, companies will be allowed to import a limited number of electric cars at a lower import duty of 15 per cent versus the current 70 per cent duty if they commit to investing roughly Rs 4,149 crore ($486 million) to build EVs in the country.

Last Updated : 02 June 2025, 07:50 IST



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