Interim Budget 2024: What Auto Inc wants

From giving an impetus to electric mobility to EV financing to the extension of the FAME Scheme, here's what Auto Inc. would like to see in the budget.

Autocar Professional BureauBy Autocar Professional Bureau calendar 24 Jan 2024 Views icon7755 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Interim Budget 2024: What Auto Inc wants

Union Finance Minister Nirmala Sitharaman will present the Interim Budget on 1 February, with the full budget for FY 2024-25 being announced once the new government is formed after the 2024 Lok Sabha elections. 

The primary goal of the 2024 interim budget will be to ensure that the government can meet its expenses during the interim period before the country goes to the polls later in March. 

From giving an impetus to electric mobility to EV financing to the extension of the FAME Scheme, here's what Auto Inc. would like to see in the budget. Overall, the industry is hopeful that the budget will continue its impetus for electric mobility, despite being a Vote-on-Account budget. 

RELATED ARTICLES
Sedemac Mechatronics to Enter CV Segment

auther Arunima Pal calendar26 Feb 2026

Pune-based Sedemac Mechatronics is expanding into the commercial vehicle segment with aftertreatment control technologie...

Yogi, Aakash Minda Discuss Manufacturing Collaboration in Tokyo After ₹522 Cr UP Land Allotment

auther Arunima Pal calendar26 Feb 2026

High-level engagement follows December’s 23-acre Yamuna Expressway land allotment to Minda Corporation for a major autom...

Domestic PV Dispatches Likely to Hit Record 4.3-4.5 Lakh Units in February

auther Arunima Pal calendar26 Feb 2026

Domestic dispatches for February are estimated to be close to 4.5 lakh units; passenger vehicle wholesales growth has be...