The Union Budget 2026 emphasizes electric vehicle and clean energy development through infrastructure enhancements and manufacturing support, including customs duty exemptions for lithium-ion cell production. It allocates ₹10,000 crore for MSME growth and promotes battery recycling. This balanced approach aims to foster sustainable economic growth while reducing import dependency in India’s energy sector.

The Union Budget 2026-27 promotes India's electric mobility sector by enhancing domestic EV manufacturing and clean energy infrastructure. Key measures include extended customs duty exemptions on lithium-ion battery components, support for energy storage, and investments in electric public transport. These initiatives aim to lower costs, attract investments, and establish India as a global EV hub.

Maruti Suzuki India Limited reported its highest-ever monthly sales performance, selling 236,963 vehicles in January 2026, driven by strong domestic demand and record-breaking exports. The...