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Budget 2022: No Immediate Respite But Long-Term Benefits For Auto Sector

For the Indian automobile industry, the Union Budget 2022 is a mid to long-term as well as a forward-looking budget. ....

Aatmanirbhar Bharat , Union Budget , Product Linked Incentives , Customs Duty , Budget 2022 , Budget Auto Sector , Budget Insights ,

Budget 2022 Should Aim Long-Term Holistic Growth For Auto Industry: Mercedes-Benz

The Union Budget 2022 should aim at long-term holistic growth for the auto industry prioritising job creation, infrastructure development, introduction of latest technologies and increased decarbonisation efforts, luxury carmaker Mercedes-Benz India said on Friday. ....

Martin Schwenk , Union Budget , Mercedes Benz India , Benz India Managing Director , Budget 2022 , Budget Auto Sector , Mercedes Benz ,

Union Budget 2021: Auto Industry Welcomes Scrappage Scheme, Decries New Duties On Imported Parts


Union Budget 2021: Auto industry welcomes scrappage scheme, decries new duties on imported parts
Union Budget 2021: Owners will be incentivised to scrap passenger vehicles that are over 20 years old and commercial vehicles that are over 15 years old. There is, however a concern that there may not be too many such vehicles as the average replacement cycle of a passenger cycle is around eight years and of a CV is around 8-10 years. The hike in customs duty on certain auto parts to 15 percent will raise input costs and prices for cars that depend on specialised components
February 02, 2021 / 10:00 AM IST
Union Budget 2021 did not offer much to the automotive sector but industry stakeholders were content that there were no nasty surprises, which in budgets past had troubled them. ....

Nirmala Sitharaman , Vikram Kirloskar , Venkatram Mamillapalle , Kenichi Ayukawa , Gurpratap Boparai , Society Of Indian Automobile Manufacturers , Union Budget , Minister Nirmala Sitharaman , Indian Automobile Manufacturers , Renault India Operations , Vice Chairman , Toyota Kirloskar Motor , Managing Director , Budget 2021 , Budget Scrappage Scheme , Budget Auto Sector , விக்ரம் கிர்லோஸ்கர் , வெங்கட்ரம் மமில்லப்பபலிலெ , சமூகம் ஆஃப் இந்தியன் ஆட்டோமொபைல் உற்பத்தியாளர்கள் , தொழிற்சங்கம் பட்ஜெட் , இந்தியன் ஆட்டோமொபைல் உற்பத்தியாளர்கள் , ரெநோ இந்தியா செயல்பாடுகள் , துணை தலைவர் , டொயோட்டா கிர்லோஸ்கர் மோட்டார் , நிர்வகித்தல் இயக்குனர் , பட்ஜெட் ஆட்டோ துறை ,