Sumit Chakraberty:

Niti Aayog, a government think tank headed by India’s prime minister, has prepared a new policy aiming to electrify all vehicles in the country by 2032. It proposes lower taxes and interest rates on loans for fully electric cars, as well as a phased reduction in the number of conventional and hybrid vehicles that can be registered.
 The government intends to kickstart the shift by setting up and incentivizing manufacturers of batteries and other components as well as charging stations. It aims to bring price parity between electric cars and conventional or hybrid vehicles by 2025.