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India's EV Incentive Scheme: A Game-Changer for Tesla?

  • India is finalizing guidelines for an incentive scheme to boost electric vehicle (EV) manufacturing.
  • Companies like Tesla can test the market before committing to local production.
  • The scheme includes provisions for setting up EV assembly lines within existing factories.
  • Applications for incentives will be open from next month, with multiple windows available.
  • The initiative aims to attract significant investments in India's EV sector.

Source: Economic Times

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