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Global Trade Alert

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India: Scheme launched to support the sale of electric two- and three-wheelers

Description

On 13 March 2024, the Indian Ministry of Heavy Industries notified the Electric Mobility Promotion Scheme 2024. Under the scheme, "demand incentives" worth INR 500 crore (USD 60.36 million) will be pr...

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Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Apr 2024

Revocation date

30 Sep 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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