Articles for Domestic Value Addition

New e-vehicle policy aims to attract foreign investment
9 months, 1 week ago

New e-vehicle policy aims to attract foreign investment

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. Issuing an official statement, the ministry of commerce & industry said that the companies setting up manufacturing facilities for e-vehicles would be allowed to import a limited number of cars at lower …

India Investment Duty Vehicles Cent Customs Duty Domestic Value Addition
India Approves EV Policy to Attract Global Players
9 months, 1 week ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

India Investment Duty Vehicles Cent Customs Duty Domestic Value Addition
Tesla's India entry gets boost as government approves new EV policy
9 months, 1 week ago

Tesla's India entry gets boost as government approves new EV policy

India Today  

The government announced a new electric vehicle policy on Friday that is expected to provide a major boost to Tesla's plans to start operations in India. As part of the new policy, the government will lower import taxes on certain electric vehicles for companies that commit to at least Rs 4150 crore in investment in addition to building a domestic …

India Investment Manufacturing Cent Minimum Dva Import
‘Domestic value addition in electronics manufacturing can reach 30% soon’
9 months, 3 weeks ago

‘Domestic value addition in electronics manufacturing can reach 30% soon’

Live Mint  

New Delhi: Domestic electronics manufacturing is likely to see a ramp up of local value addition, in terms of components being made locally—instead of only the final product being assembled here. “It’s important to understand that even China’s domestic value addition in manufacturing is around 45%, because even China imports nearly all of its semiconductors for mobile manufacturing. On Monday, …

India China Electronics Domestic Value Centre Dixon