EV Industry seeks incentives, funds for infrastructure, tax rationalisation from Budget

Finance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds, localization incentives, renewables integration, priority lending, reduced GST. Tandon stresses 2030 goals need government support. Calls for STU inclusion, lower customs duties, R&D funding, and FAME-II impacts. Taneja and Rao emphasize tax rationalisation and E2W (Emobi) prioritization.