The Narendra Modi government has issued guidelines on a scheme inviting investments of a minimum of Rs 4,150 crore ($500 million) from global electric vehicle players to produce in India. The last date to apply for the scheme is March 15, 2026. Until now, companies like Mercedez Benz, Kia, Hyundai and Skoda have shown interest in the scheme, whereas Tesla has appeared keen on only opening its showrooms in the country.
The last date to apply for the scheme is March 15, 2026, according to an official communication. | Representational image
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