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PM E-DRIVE: Component suppliers can now be inspected under new EV policy

By Economic Times - 2 months ago
The government has imposed stricter localisation rules for EV manufacturers under the PM E-DRIVE scheme. EV parts must be domestically procured, and suppliers' assembly stations will face inspections. The rules aim to prevent import of finished components, ensuring local manufacturing. This initiative, effective from April 1, 2025, promotes sale of locally made EV units.

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