Haryana Launches Policy to Boost Electric Vehicle Manufacturing

• admin
• June 8, 2025
• Companies & Industry, Haryana
• EV, Manufacturing
• 0 Comments

In a progressive move towards sustainable development and industrial growth, Haryana has introduced a comprehensive policy to promote electric vehicle (EV) manufacturing. The initiative is part of the state’s broader vision to become a leading hub for EV production while supporting India’s transition to a greener future.

Key Features of the EV Policy

• Subsidies and Incentives:
  The policy offers subsidies of up to ₹10 crore for establishing EV manufacturing units and provides 100% exemption on stamp duty for land purchases.
  (Haryana Electric Vehicle Policy 2025)
• GST Reimbursement:
  Manufacturers are eligible for 50% reimbursement on SGST, reducing the financial burden on businesses.
• Focus on R&D:
  Incentives are available for companies investing in research and development (R&D), with grants of up to ₹1 crore for innovative EV technologies.

Strategic Focus Areas

• Battery Manufacturing:
  Special emphasis is placed on the production of lithium-ion batteries with financial and infrastructure support for setting up battery plants.
• Charging Infrastructure:
  The policy promotes the installation of 1,000 charging stations across the state, with subsidies covering 50% of installation costs for private players.
• Skilled Workforce Development:
  Training programs in EV manufacturing and maintenance are being launched in collaboration with industrial training institutes (ITIs) to create a pool of skilled workers.

Economic and Environmental Impact

• Boost to Employment:
  The initiative is expected to create over 50,000 jobs in manufacturing, assembly, and allied sectors by 2028.
• Sustainable Development:
  With increased EV adoption, Haryana aims to reduce carbon emissions by 15% by 2030, contributing to India’s climate goals under the Paris Agreement.

Investments and Collaborations

• Major Investments:
  Companies like Hero Electric, Ola Electric, and Tata Motors have expressed interest in setting up manufacturing units in Haryana.
• Public-Private Partnerships:
  The government is actively engaging with industry leaders to accelerate EV production and streamline supply chains.

Challenges and Solutions

• Raw Material Dependency:
  To reduce reliance on imported materials, Haryana plans to establish partnerships with domestic suppliers for EV components.
• Awareness Campaigns:
  The state will launch campaigns to promote EV adoption and educate the public on the benefits of electric mobility.

Future Plans

• EV Adoption Targets:
  Haryana aims for 100% electrification of public transport by 2035 and offers incentives for individuals purchasing EVs, such as road tax waivers and registration fee exemptions.
• Infrastructure Expansion:
  Plans are in place to develop EV manufacturing clusters in districts like Gurugram, Faridabad, and Panchkula, leveraging their industrial strengths.

Haryana: Driving India’s EV Revolution

With its forward-looking EV policy, Haryana is positioning itself as a leader in electric vehicle manufacturing. The initiative not only bolsters the state’s economy but also supports the national agenda for a sustainable and environmentally friendly future.