Punjab Electric Vehicle Manufacturing Policy 2026

A separate, investment-focused policy from Punjab's Department of Industries & Commerce (distinct from the consumer purchase incentives above): fiscal incentives — capital subsidy, SGST reimbursement, electricity duty exemption, stamp duty waiver — for EV, EV-component, and battery manufacturers setting up in Punjab, plus a ₹5/kVAh power tariff for public EV charging stations. Names Mohali, Ludhiana, Amritsar, Jalandhar, Patiala, Dera Bassi, Rajpura, Mandi Gobindgarh and Bathinda as target industrial hubs, and lists real Punjab-based EV-sector companies on its sectoral advisory committee, including Evage Motors (Mohali), Sutlej Automotives (Jalandhar), JCBL (SAS Nagar), Hero EcoTech, Speedways (Jalandhar), Republic Motors (Jalandhar) and others.