![Big News on Electric Car : Analysis of India’s Electric Vehicle Policy and Market Dynamics |](https://i0.wp.com/careertrackhub.com/wp-content/uploads/2024/03/Breaking-News-on-Electric-Cars.png?resize=300%2C200&ssl=1)
Big News on Electric Car : Analysis of India’s Electric Vehicle Policy and Market Dynamics |
The Indian government’s recent approval of a scheme to incentivize electric vehicle (EV) manufacturing has sparked discussions about its potential impact on domestic original equipment manufacturers (OEMs) and foreign players eyeing the Indian market. Under this scheme, OEMs committing to establishing EV plants in India can import foreign-made EVs at a concessional customs duty, subject…