India's electric vehicle industry is set for rapid expansion over the next 12-18 months with the introduction of numerous new EV models in 2025 and government initiatives to enhance charging infrastructure. This is expected to significantly boost EV penetration, as more automakers enter the market and develop the necessary ecosystem.
The government is set to decide on implementing the revised Schedule M for pharmaceutical products by next week. While pharma groups have requested a two-year extension, no formal feedback for this has been received. The health ministry's draft notification suggests a year's extension, with a deadline for comments until January 11.
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