2024-03-16 08:48:11 am | Source: PR Agency
Quote on a New Electric Vehicle (EV) Policy as approved by Central Government by Mr. Raman Bhatia, Founder & Managing Director, Servotech Power Systems Ltd.
Below is a quote on the new Electric Vehicle (EV) policy approved by the Central Government, provided by Mr. Raman Bhatia, Founder & Managing Director of 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.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Technical Stock Insight NMDC Limited fot Target Rs.9...
India?s Digital Payments Cross New Milestones as UPI...
Short Term Portfoliio 06th April 2026 by GEPL Capita...
Rupee strengthens against US dollar on Monday
Debt Market Watch 06th April 2026 by GEPL Capital
Surge in crude oil prices may dent Nifty earnings
Sell Jeera APR @ 22300 SL 22600 TGT 22000-21700. NCD...
Granules India rises as its arm receives four observ...
Dhabriya Polywood soars on receiving order worth Rs ...
Buy Crudeoil APR @ 10300 SL 10000 TGT 10600-10800. M...
More News
Quote on?Cabinet approves UPI incentive of Rs.1,500 crore to banks by Mr. Dilip Modi, Founde...
Perspective on the launch of Bima Sugam by IRDAI by Mr. Narendra Bharindwal, President, Insurance Brokers Association of India ...
Shri Subhankar Sen, Director (Marketing), takes over additional charge as Director, (HR)
Outlook on AI in 2025 vs 2026: From Intelligence to Integration by Natasha Malpani, Founder, Boundless Ventures
