India plans to dominate the electric vehicle sector.

India is making continuous efforts to open applications for its policy that reduces import duties for global electric car manufacturers in exchange for manufacturing in India.

The policy includes reducing duties to 15% on any imported electric car starting at 35,000 if investing at least 41.5 billion rupees or around 500 million dollars to establish a local factory within three years.

At this reduced rate, up to eight thousand cars can be imported annually. The application process may start this month and extend until March 15 of next year, according to the German news agency "dpa".

India is classified as the third-largest economy in Asia and is trying to attract electric car manufacturers like Tesla, led by Elon Musk, which is preparing to start selling its cars in India after criticizing the country's high duty system for years.

If the new policy succeeds in attracting industry giants, it will intensify competition for local manufacturers who currently dominate the electric car sector.