Union Budget 2026 expectations: Policy-boosting the auto sector

The PM E-DRIVE Scheme is powering the transition to Net Zero, having incentivised over 24.79 lakh e2Ws and 3.15 lakh e3Ws as of July 2025, and has provided Rs 500 crore incentive for electric trucks—a first in India.

Union Budget 2026 expectations: Policy-boosting the auto sector
The PM E-DRIVE Scheme is powering the transition to Net Zero, having incentivised over 24.79 lakh e2Ws and 3.15 lakh e3Ws as of July 2025, and has provided Rs 500 crore incentive for electric trucks—a first in India.