Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home E-Mobility

Government e-vehicle Policy will Make India a Global Powerhouse for EV Manufacturing

Urja Daily by Urja Daily
March 15, 2024
in E-Mobility
Reading Time: 3 mins read
0
E-Vehicle
Share on FacebookShare on TwitterShare on Linkedin

Mr. Raman Bhatia, Founder & Managing Director, Servotech Power Systems Ltd. 

The new electric vehicle policy will make India a global powerhouse for EV manufacturing. It is a boon for India’s booming economy and acts as a major push forward in the nation’s aspirations for clean transportation. Keeping a strong focus on prioritizing domestic manufacturing and encouraging competition and growth, this policy will provide enough chances and harbour enough space to facilitate increasing the adoption of EVs across the nation and aligns with the “Make In India “ initiative promoting local production and job creation. This policy acts as a gateway for large-scale investments from global EV giants like Tesla, making India an EV manufacturing hub globally and providing the much-needed impetus for the local players to enhance their manufacturing capacities and adapt high-tech EV technologies. This healthy rivalry will drive innovation, reduce production costs, and ultimately benefit Indian consumers with a broader range of high-quality, affordable EVs.

RELATED POSTS

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

ACMA welcomes announcement of e-vehicle policy ACMA, the apex body representing India’s auto component sector, congratulated the Government on the announcement of the e-vehicle policy.

Thanking the Hon’ble Prime Minister of India, Shradha Suri Marwah, President ACMA & CMD Subros Ltd, said, “The EV Policy marks another significant step towards accelerating the adoption of cutting-edge technology and fostering innovation in India’s automotive sector. The policy not only aims to attract global EV majors to invest in India but also emphasizes a significant Domestic Value Addition (DVA) criteria, ensuring the creation of a robust supply-side ecosystem. Aligned with the Government’s vision of reducing our carbon footprint, promoting sustainable manufacturing, and achieving net-zero emissions by 2070, this policy sets the stage for a vibrant future-mobility global manufacturing hub in India.”

Mr. Sunjay Kapur, Chairman, Sona Comstar & Deputy Chair, CII Northern Region

“The approval of the new E-Vehicle policy marks a pivotal moment in our nation’s mobility landscape. This progressive step not only solidifies India’s position as a manufacturing hub for EVs but also fosters a conducive environment for global players to invest in our burgeoning market.

With a minimum investment threshold and a clear roadmap for domestic value addition, this policy underscores the government’s commitment to nurturing a robust EV ecosystem. It heralds a new era of innovation and accessibility to cutting-edge technology and amplifies the ‘Make in India’ initiative. By incentivising local manufacturing and fostering healthy competition, this policy will not only accelerate the adoption of EVs but also bolster economic growth by way of reducing our reliance on imported crude oil and mitigating environmental impact, particularly in urban areas.

I congratulate the government and welcome this forward-thinking policy which propels India’s journey towards a greener and sustainable future.”

Tags: e-vehicle policyEV
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Montra Electric

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

by Palak
September 29, 2025
0

Gurugram : Montra Electric eM & HCV (IPLTech Electric Private Limited), the clean mobility brand of the diversified Murugappa Group,...

Zen Mobility

Zen Mobility Launches Pixi Pod and Pico Pod for Urban EV Needs

by Palak
September 25, 2025
0

New Delhi, Delhi, India - Zen Mobility, an emerging player in sustainable urban mobility solutions, announced the launch of its...

LMFP Batteries

LMFP Batteries: Powering the Next Wave of Safer, Affordable EVs

by Palak
September 23, 2025
0

Introduction: From Niche Chemistry to Mainstream Workhorse Lithium manganese iron phosphate LMFP or Li(Mn)FePO₄ is stepping into the spotlight. By blending manganese...

Electric UTVs

Electric UTVs: The Future of Off-Road Adventure

by Palak
September 23, 2025
0

Picture the roar of an engine echoing across rugged trails, only this time, it’s nearly silent. Adventure seekers, farmers, and...

Mr.Nitin Lahoti

Mobisoft Infotech Broadens Smart Fleet Portfolio for Evolving Indian Logistics Market

by Palak
September 23, 2025
0

Pune : Mobisoft Infotech announced the expansion of its fleet management solutions for the Indian logistics sector. Building on its decade-long...

Next Post
Polyurea Market

Polyurea Coatings: Meeting Building Project Performance Demands

Wind-Solar Hybrid

NTPC Announces Winners of 1.5 GW Wind-Solar Hybrid Auction

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

BPCL

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

September 29, 2025
Montra Electric

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

September 29, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

BPCL Kochi Refinery Celebrates 60 Years, Charts Sustainable Path Forward

Montra Electric Unveils Rhino 5538 EV & New Automated Battery Facility

VinFast Expands into Hyderabad with Dual Showroom Launch

India Can Lead in Semiconductor Innovation, If We Skill Right

Samsung and Videotex Partner to Expand Tizen OS TVs in India

Mitsubishi Electric Launches KEGMIL to Streamline Elevator and Escalator Service Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Batteries
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved