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Extension Of Localisation Deadline Hits India’s EV Charger Manufacturing Sector
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Srabastee Biswas / 1 year
- 0
- 2 min read
FAME-II scheme mandates that manufacturers of electric vehicles and EV chargers must achieve a minimum of 50 percent domestic value addition to qualify for incentives In a recent development, India’s plans to boost local manufacturing of electric vehicle (EV) chargers have witnessed a setback, as the Ministry of Heavy Industries announced an extension of localisation […]