The official also stated that the new electric vehicle manufacturing policy is a balanced one and has received good response from different stakeholders, including those who were opposed to the policy earlier - Overdrive
Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh K Singh said that the EV policy has received strong response from global EV makers.
GTRI said that the imports could go up primarily as Chinese EVs are facing anti-subsidy investigations in the large markets such as the European Union and the US.
The expo could also see the return of EV maker Great Wall Motors to India, while American car manufacturer Ford, a company that had paused its sales and business about two years ago, is also likely to announce a comeback at the mega exhibition next month.
India Business News: Shares of Indraprastha Gas Ltd, India's largest city gas distributor, fell after Jefferies and Morgan Stanley downgraded the stock due to concerns ove