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Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution

By Economic Times - 2 months ago
Union Budget 2024: The forthcoming Union Budget 2024 is expected to outline strategies aimed at ramping up India's electric vehicle aspirations. Under the Narendra Modi government's vision, the target is for electric vehicles to constitute 30% of total auto sales by 2030. Experts anticipate that the government will introduce various initiatives, such as increased budget allocations for expanding EV infrastructure and extending subsidy schemes, to support this ambitious goal.

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