Continuing FAME II subsidy beyond 2023, reduce taxes on input costs, charging infrastructure amongst the key demand from Budget 2022.
Reduction in import duty for alternate chemistry cells to boost battery ecosystem in India.
The Budget 2022 is expected to help ease the pain of the automobile industry which is yet to bounce back to the levels seen in FY2019.
Incentives for localisation to help electric vehicle ecosystem.
Charging infrastructure will play a key role in accelerating EV adoption.
With FY2022 expected to see a robust growth for the electric vehicle segment, industry stakeholders are wishing that the Budget 2022 helps further acc...
Bringing low-speed electric vehicles under FAME II scheme, incentivising local production and flat 5 percent GST on EV supply chain among key demands.
Reduction on GST on LPG fuel and retrofitment kits can help reduce emissions faster.
Focus on cycling infrastructure under Smart Cities Mission could help reduce pollution together with encouraging healthy lifestyles.
Bhatnagar calls for realistic announcements for areas like battery cells, semiconductors and manufacturing.
Garima Misra believes setting big target for EV adoption is necessary.
The upcoming budget and the financial policy would do well to introduce structured schemes and guidelines for covering electric propulsion retrofit ki...
A strategic and long-term road map that helps recovery is needed
India as the innovation capital of the world.
Incentivise the EV eco-system.
Reduction in petrol and diesel prices, more sops for voluntary scrapping on wishlist.
Farrokh Cooper, chairman & managing director, Cooper Corporation says that the Union Budget for 2022 should emphasise measures to help the Indian econ...
Roadmap on fuel, more power to Vehicle Scrappage Policy and GST reclassification for auto sector top expectations.
The dealer body believes that reducing GST rates on two-wheelers to 18% will help sentiment as a two-wheeler is not used as a luxury item but as a nec...