Inside India’s new EV manufacturing policy of reduced tariffs and global players

Quick Summary:

At its core, the policy is a bold move to position India as a global hub for EV manufacturing, leveraging the country’s low-cost production base, growing domestic market, and ambitious sustainability goals.

Tesla’s entry is expected to create thousands of jobs, spur the growth of the EV auto ancillary industries, and bring cutting-edge technology to India’s shores.

For instance, if the US imposes restrictions on Chinese companies operating in India, it could disrupt supply chains and create uncertainty for investors.

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Article Details

Author / Journalist: Kunal Khattar

Category: StartupsEconomyBusiness

Markets: IndiaChina

Topics: Manufacturing India Market Create Sector Policy Production Domestic India’s Global Players

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-23 @ 02:30:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1040 words

Reading Time: 6 minutes read

Sentences: 59 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 27246856

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #44

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