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Global Trade Alert

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India: Scheme announced for electric vehicles with a phased manufacturing program

Description

On 11 September 2024, the Indian Union Cabinet approved the "PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme" for promoting the use of electric mobility with a budge...

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Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Oct 2024

Revocation date

31 Mar 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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