Need to follow consistent EV policy, no need for company-specific sops: FICCI EV Committee Chair

Need to follow consistent EV policy, no need for company-specific sops: FICCI EV Committee Chair

The government should not dilute Make in India initiative and follow a consistent policy, Ficci EV Committee Chairperson Sulajja Firodia Motwani said amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. Motwani, the founder and CEO of Kinetic Green which sells battery-operated three-wheelers, scooters, e-cycles, and buggies, also emphasised creating a holistic ecosystem for the growth of the electric vehicle segment.

She also batted for the continuation of incentives for buying EVs to sustain the demand for the next few years. Motwani also noted that the industry body is also pushing for the inclusion of electric cars priced up to Rs 20 lakh to get incentives under the third iteration of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) India scheme.

"I strongly feel that the Make in India policies that the government has put in place, there should not be any reversal because now people have started investing in local manufacturing," Motwani told