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November 20,2024

FICCI Calls for GST Cuts to Boost EV Adoption

FICCI's Electric Vehicle Committee Chair, Sulajja Firodia Motwani, called for reducing GST on Batteries and Charging services to 5% to make Electric Vehicles (EVs) more affordable. She also urged enhancing the PM E-Drive scheme's budget to support EV sales. Motwani emphasized affordable financing for EVs, while Mahindra's Anish Shah highlighted the need for appealing EV products to boost adoption.

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