Centre May Tweak EV Manufacturing Policy Post US Tariff Clarity: Report

The Centre is open to revise the EV manufacturing policy to attract global manufacturing players

India is currently in discussions with the US regarding the proposed BTA which will include tariffs, non-tariff barriers, and customs facilitation

Currently the proposed scheme allows EV manufacturers to set up manufacturing facilities in India with a minimum investment of $500 Mn

The Centre is reportedly open to modifying its Scheme to Promote Manufacturing of Electric…