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The critical step for developing countries is policy formation/reforms. The process of policy formation is focused on enhancing the quality of its citizen“s life or society and transforming the economy of the country. There will always be a positive/negative impact on the industries/companies within the policy implementation domain. Such conditions lead firms realizing the business advancement in planned policy initiates to shape or support it by helping the government. Contrary, firms sensing adverse effect on them due to proposed new policy, tries to resist or delay the deployment of policy. This article presents a case of an Indian Government“s proposed `Electric Vehicle (EV) Policy' and the reactions received to it from various stakeholders viz. firms under policy domain, consumers and different associations. The feedback from different stakeholders is examined in this study to determine how the transition took place …