It is very well thought out on many levels and will also enable electric car markers to enter the market without the burden costs in battery investment. That with competition for battery market thru choice, ability to repair/replace the batteries alone a big thing. So many things going for this, kudos to India, I hope other countries follow suit.

>Also, by incentivizing vehicle designs with removable (and thus swappable) batteries, it makes taxis and other high demand use cases more practical without needing widespread fast charging infrastructure.

That is a big plus as allows more control when batteries are topped up, so enables the ability to shift demand to off-peak usage and equally add grid storage/supply for grid stability thruout the day in a battery form factor that's competition driven price-wise. Lot's of potential here and the first step in that direction has been made.