Budget 2025: Commerce Ministry Calls For Addressing EV Infrastructure, Battery Concerns—NDTV Profit Exclusive

The Commerce Ministry aims to enhance India's electric vehicle sector by addressing infrastructure and battery costs in the Union Budget 2025, prioritising sustainable growth and export potential.

Rishabh Bhatnagar @Rish_Bhat

07 Jan 2025, 07:45 PM IST i

<div class="paragraphs"><p>Union Commerce and Industry Minister Piyush Goyal's recent statement on EV incentives highlights the government's focus on long-term growth without additional subsidies. (File photo of an electric vehicle at a charging station. Photo source: Unsplash)</p></div>

Union Commerce and Industry Minister Piyush Goyal's recent statement on EV incentives highlights the government's focus on long-term growth without additional subsidies. (File photo of an electric vehicle at a charging station. Photo source: Unsplash)

The Commerce Ministry has emphasised the need to address concerns regarding the affordability and efficiency of electric vehicle infrastructure and batteries during the upcoming Union Budget for the fiscal 2025-26. according to people familiar with the matter. The ministry highlighted this as a key focus for the upcoming Budget to ensure the sector's sustainable growth, the people quoted above told NDTV Profit.Officials believe that ...