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Centre’s Nod to EV Policy to Boost Manufacturing, Localisation in India: All You Need to Know

Companies entering the EV manufacturing sector must commit to a minimum investment of Rs 4,150 crore, with no upper limit on investment. (Image: Reuters/File)The comprehensive scheme is designed to attract investments from global manufacturers, and underscores India’s commitment to advancing domestic EV technologyTo boost India’s standing as a manufacturing hub for electric vehicles, the Centre has given the nod to a comprehensive scheme designed to attract investments from global manufacturers. The policy underscores…