EV sector needs no more subsidies
The New Indian Express Vellore|January 04, 2025
Sector is ready, there are options available by which e-mobility can be marketed, says Goyal
DIPAK MONDAL @ New Delhi

The electric mobility sector doesn't need additional incentives as existing subsidies available to them are good enough to give necessary kickstart to the sector, commerce and industry minister Piyush Goyal said after meeting the stakeholders here on Friday.

The representatives of the sector met the minister for a discussion on the charging and battery swapping infra. "E-mobility sector is ready and set to fly. They don't need additional incentives. In almost all sectors now, there are options available by which e-mobility can be marketed. It's a good economic case to move from ICE engine to EVs and hybrids," the minister told the media.

"Everybody was unanimous in the room across sectors that they don't require subsidies."

This story is from the January 04, 2025 edition of The New Indian Express Vellore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 04, 2025 edition of The New Indian Express Vellore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS VELLOREView All
The New Indian Express Vellore

J&K village declared containment zone after 5 more cases surface

FIVE new cases of a mysterious illness have been reported in the remote village of Badhal in the Rajouri district of Jammu and Kashmir.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

LA28 in mind, ACTC for 4 years; focus on NSF good health

THE flagship annual calendar for training and competition (ACTC) plan for four years, hosting of international competitions and conducting national leagues for player identification and development were some of the talking points of the meeting between the sports minister and the National Sports Federations (NSFs) in New Delhi on Tuesday.

time-read
2 mins  |
January 23, 2025
The New Indian Express Vellore

Clinical Sinner Crushes De Minaur To Advance

DEFENDING champion Jannik Sinner raced into the Australian Open semifinals on Wednesday in imperious fashion after Iga Swiatek was equally ruthless to close on a first Melbourne crown.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

Harry settles tabloid suit after Murdoch apology

Prince Harry claimed a monumental victory on Wednesday as Rupert Murdoch's UK tabloids made an unprecedented apology for intruding in his life over decades and agreed to pay substantial damages to settle his privacy invasion lawsuit.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

MI Cape Town gain after rain

MI Cape Town took another step towards securing their first-ever SA20 playoffs spot after their match against Durban's Super Giants at Kingsmead was washed out here.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

14 killed, 24 injured in two separate road accidents in Karnataka

As many as fourteen people were killed and 24 sustained injuries in two separate road accidents that occurred in Uttara Kannada and Raichur districts on Wednesday, police said.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

Fadnavis Inks 32 Maha MoUs Worth ₹9.3L Cr in Davos Meet

Sets record for securing such a huge investment in a single day at World Economic Forum

time-read
2 mins  |
January 23, 2025
The New Indian Express Vellore

Sindhu and Lakshya to lead Indian team in Asian meet

DOUBLE Olympic medallist PV Sindhu and World Championships bronze winner Lakshya Sen will lead a 14-member Indian team for the Badminton Asia Mixed Team Championship to be held in Qingdao, China from February 11-16.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

Sebi moots mini SIPs at ₹250 a month

SEEKING to increase financial inclusion among the underserved sections and inculcate the habit of systematic saving, capital markets regulator Sebi has proposed that fund houses launch sachet-sized systematic investment plans (SIPs) starting ₹250.

time-read
1 min  |
January 23, 2025
The New Indian Express Vellore

Ranji This Round: All Star Game

Eye on penultimate round as big names return to domestic cricket amidst new guidelines

time-read
3 mins  |
January 23, 2025