BCD will be removed from on 35 different types of capital goods used for lithium-ion battery manufacturing. This will bring down the cost of setting up an EV battery manufacturing factory in India.
Global electric vehicle battery reuse and recycling market will reach $25.02 billion by 2032, growing by 43.6% annually over 2022-2032, driven by the need to reduce battery waste, costly battery ...
Union Budget 2025-26 has brought some cheer for the Indian auto industry with several key changes. The bigger emphasis is on greater electric vehicle adoption and making India a hub for ev ...