Amit Kumar, Executive Director & CEO, Benling India on the recent budget

“The crisp and focused Union Budget 2022-23 just presented by our FM brings good tidings to the environmentally conscious and green aware industry sectors. We welcome the policy announcements with respect to Electric Vehicles (EVs) and believe that the measures announced in the budget shall go a long way in amplifying and buttressing the market for these products. At present many customers have a fair amount of skepticism about the use and operation of EVs, especially with respect to the battery issues and mileage concerns.

The budget attempts to effectively allay these fears by bringing in welcome provisions for battery swaps and charging stations infrastructure. The introduction of the inter-operability standards here is a long-awaited step and we are confident that this would further boost the industry and help put India’s auto industry on a positive and, needless to say, green trajectory. In addition to this, the overall EV eco-system is sure to get a shot in the arm through the added focus on cleat transport technology and the development of mobility zones.”