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EV Industry seeks incentives, funds for infrastructure, tax rationalisation from Budget

By Economic Times - 2 months ago
Finance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds, localization incentives, renewables integration, priority lending, reduced GST. Tandon stresses 2030 goals need government support. Calls for STU inclusion, lower customs duties, R&D funding, and FAME-II impacts. Taneja and Rao emphasize tax rationalisation and E2W (Emobi) prioritization.

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