On 15 March 2024, India's Press Information Bureau published a release on the government's approval of a policy to promote electric vehicle manufacturing in the country.
---
Government approves E- Vehicle policy to promote India as a manufacturing destination for EVs
- Minimum Investment Rs 4150 Cr required with no cap on maximum Investment
- 3 years timeline for setting up manufacturing facilities in India, and start commercial production of EVs; 50% domestic value addition to be reached wi…