TL;DR
Maharashtra government introduces new incentives for electric two-wheeler manufacturing units to become a leading EV production hub.
The Maharashtra State Government has announced a progressive new incentive policy specifically designed to attract and support electric two-wheeler manufacturing units within the state. The policy includes subsidies on capital expenditure, tax benefits, and preferential treatment in land allocation for companies establishing or expanding their EV production facilities. This initiative aims to establish Maharashtra as a leading hub for electric vehicle manufacturing in India, creating jobs and fostering a robust domestic supply chain. The government expects this move to significantly boost local production capabilities and accelerate the transition to electric mobility across the country.