Andhra Pradesh Sustainable Electric Mobility Policy (4.0) 2024-29
The Andhra Pradesh Sustainable Electric Mobility Policy (4.0) 2024-29 provides comprehensive incentives to accelerate EV manufacturing, charging infrastructure, and adoption across the state. Key benefits include up to 35% investment subsidy for MSMEs, turnover-linked incentives up to 25% of eFCI for large units, 100% SGST reimbursement, and road tax exemptions for EV buyers. The policy is operative for five years from December 2024.
Key Summary
- Ministry / Authority
- Industries & Commerce (P&I) Department, Government of Andhra Pradesh
- Incentive Type
- Composite state package (capital/turnover/investment subsidy + exemptions + boosters)
- Incentive Rate
- Investment subsidy 35%–45% of EFCI (MSME) or 12% of eFCI / 5% turnover-linked (Large); 100% Net SGST reimbursement; Stamp duty 100%; Land conversion 100%; Power tariff rebate Rs 1–2/unit; Electricity duty 50% (2–6 yrs); 5%–10% EV purchase subsidy
- Min. Investment
- —
- Application Deadline
- Open
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- Eligibility — eligible sectors & entities
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