Budget 2025: Boost for EV Battery and Component Manufacturing
The Union Budget plays a pivotal role in shaping India’s economic trajectory, and this year, the government has reinforced its commitment to the electric vehicle (EV) sector, particularly benefiting MSMEs (Micro, Small, and Medium Enterprises). Aimed at accelerating domestic EV and battery production, the budget introduces key incentives in three critical areas: Customs duty exemptions […]
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