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Global Trade Alert

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India: Financial support for three companies to setup electric vehicle charging stations

Description

On 28 March 2023, the Ministry of Heavy Industries approved financial support of INR 800 crore (approx. USD 96.39 million) for setting up fast charging stations for electric vehicles. The support has ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Mar 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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