New Delhi, 3 June (IANS). Industry experts said 2,00,000 professionals are expected to be included in the EV industry by 2030 to help India cut a heavy cut of 1 billion tonnes in carbon emissions.
The announcement of the new EV policy is an important step in rapidly pursuing India’s Green Mobility Goals.
NLB Services CEO Sachin separate said, “The government is sending messages to global eV players, emphasizing the import duty concessions with local manufacturing commitments, sending messages to global EV players that India welcomes investment.”
This strategic approach not only encourages foreign participation but also strengthens domestic ecosystem, paving the way for employment creation and technological advancement.
He said, “To help India make a huge cut of 1 billion tonnes in carbon emissions, 2,00,000 professionals are expected to be included in the EV industry by 2030. As the area will expand, we are expected to grow in the demand for roles in EV software management, embedded electronics, Embedded Electronics, UI/YouX Designers, Inequin Developers, etc.
The government on Monday notified guidelines for its visionary plan to attract new investment from global manufacturers in the electric car segment and promote India as a global manufacturing hub for e-vehicles.
Under this scheme, companies will be allowed to import fully manufactured units (CBUs) of electric four -wheelers (CBU) with a minimum of $ 35,000 CIF (cost insurance and freight value) at a low customs duty of 5 years from the date of approved application.
With the move, the government aims to encourage global manufacturers such as American Tech Giant Tesla to invest under the scheme.
Approved applicants will have to invest a minimum of Rs 4,150 crore as per the provisions of the scheme.
The maximum number of E-4 W will be limited to 8,000 units per year to be imported at a low duty rate. Also, the unused annual import limit will be allowed to be taken forward.
-IANS
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