Telangana govt to offer incentives to woo car companies in new EV policy

Key highlights:

• Telangana government is currently weighing the incentive options as it plans to woo players in the electric vehicles segment
• The government has come up with the final draft of a comprehensive EV policy
• It is expected to be unveiled in the next one-and-a-half to two months

The Telangana government is currently weighing the incentive options as it plans to woo players in the electric vehicles (EV) segment.

The government has come up with the final draft of a comprehensive EV policy, which is expected to be unveiled in the next one-and-a-half to two months, a senior official said.

According to Telangana's Principal Secretary (IT and Industry) Jayesh Ranjan, all components to go in the e-vehicle policy have been decided.

"In the e-vehicle policy, all the components which will go in the policy have been decided. Based on that we have prepared the first draft. Now we will have an internal meeting in the next few days to finalise the numbers. For example, if we are providing some incentives, how much should that incentive be," Ranjan told

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)