Global Trade Alert
Global Trade Alert

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

Announcement

11 Sep 2024

On 11 September 2024, the Indian government approved a scheme to support the electric vehicles market. The scheme will include a phased manufacturing program to localise the production of the vehicles.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Oct 2024

Revocation date:

31 Mar 2026

Updated: 11 Sep 2024
Localisation, nes In force

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 bu...

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