Indian government is taking necessary steps to support the green technology and equipment industrialization in India by enhancing its current position for supporting electric vehicles (EV). Government has taken certain encouraging steps in this direction and also takes responsibility for promoting electric vehicles in the country. Now the Indian government has taken steps to adopt a new policy for promoting electric vehicles in the country, which provides incentives, tax breaks and rebates to promote the industry. The incentives and rebates offer financial help to manufactures of electric vehicles in the country. Now it is very much encouraged to manufacture cars in India for domestic as well as commercial applications.
It is now expected that within a few years India will become the world leader in the deployment of electric vehicles (EV) in various cities and developing nation across the globe. Its current position for supporting EVs will enhance its energy independence. It will be leading the way in introducing renewable energy resources and helping to lessen dependency on oil. To fulfill the targets of the governments, every manufacturer of EV should be backed by proper research and development strategy in the country.
The current position of India for supporting EVs is still relevant and needs to be utilized for promoting the growth of the industry globally. Indian officials and policy makers have to support the growth of EV in the country and also take the policy initiatives seriously for promoting the interests of the country. Indian authorities must upgrade their infrastructure and encourage local manufacturing of electric vehicles. There should be a proper policy for promoting the growth and development of the sector, with adequate financial support.