EV Policy updates from various states

1. Interest Subsidy will be provided to qualifying MSMEs
2. Qualifying MSMEs are exempted from Electricity duty for up to 15 years
3. For manufacturing units in Vidarbha a power tariff subsidy of Rs. 1/Unit for upto 3 years is provided
4. MSEDCL plans 10 electric vehicle fast charging stations in Nagpur

Karnataka Government has also announced incentives and concessions for MSMEs:

1. Term loans ranged from Rs. 10 Cr to Rs. 50 Cr would be provided MSMEs
2. These enterprises would also be entitled to 100% electricity duty exemption
3. A waiver of Rs. 1000 each for the training of workers for EV manufacturing
4. The state govt. would reimburse the MSMEs 30% to 50% of the GST