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India weighs $1 billion in incentives for private electric buses and trucks, Bloomberg News reports

May 19 (Reuters) - India is considering incentives exceeding $1 billion to spur private-sector adoption of electric buses and trucks, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Carlos Méndez in Mexico City)

((Carlos.Mendez@thomsonreuters.com))

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