Nagesh Basavanhalli, MD & CEO, Greaves Cotton welcomed the government’s move to slash taxes on electric vehicles and chargers in a bid to encourage the use of more environment friendly cars.
He said “The reduction in GST is on expected lines and a logical extension of government’s electric push. This along with other EV friendly measures will push the industry onto fast lane and promote greater adoption by end user as means to affordable last mile mobility. We look forward to India’s rise as an EV manufacturing hub and we will continue to play an important role in this transformation.”