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Feb 14, 2018 07:29 PM IST | Source: PTI

ASSOCHAM seeks fiscal sops, infrastructure ecosystem for electric vehicles

The chamber's report also called for a conducive policy environment for market creation and technology development.

Industry body ASSOCHAM suggested the government various measures, including fiscal incentives and convenient charging infrastructure for electric vehicles, to promote growth of the sector.

The chamber's report also called for a conducive policy environment for market creation, technology development and setting up of a vibrant manufacturing ecosystem for the vehicles.

"A long-term and sustainable policy framework is necessary for creation of a vibrant EV (electric vehicle) ecosystem in India that can drive electric mobility in India," the ASSOCHAM-Nomura Research Institute joint study said.
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