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New Rs 500 crore scheme to promote electric mobility kicks in from April 1

India launches Rs 500 crore EMPS 2024 scheme, aiming to boost electric mobility with subsidies until July, supporting over 370,000 vehicles and creating job opportunities. ....

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India certain to become 3rd largest economy in our third term: Modi

The PM said that in the 10 years before 2014, around 12 crore vehicles were sold in the country. ....

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India's Government Announces a Short-Term Budget Until National Elections Are Held – The Diplomat

With elections due by May, there were expectations of populist giveaways. But the short-term budget is mostly free of big-spending new programs. ....

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JSW Group To Invest Rs 400 Billion In Electric Vehicle Projects In Odisha

JSW Group is set to invest 400 billion rupees ($4.81 billion) in electric vehicle (EV) manufacturing projects in Odisha, as it takes on both domestic and international players in India's small but booming EV market. ....

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No proposal to provide duty concession on import of EVs: Govt

At present, cars imported as Completely Built Units (CBUs) attract customs duty ranging from 60 per cent to 100 per cent, depending on engine size and Cost, Insurance and Freight (CIF) value less or above USD 40,000. ....

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