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02-04-2024 01:40 PM | Source: Reuters
India's new EV policy allows imports from any country, including China, official says
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India has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy, a senior government official told broadcaster CNBC-TV18 on Tuesday.
Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within three years.
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