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Luxury carmakers like BMW Group India are struggling to achieve price parity between electric vehicles and internal combustion engine (ICE)-powered models due to high import taxes and low sales volumes. However, in the mass car market, price parity is expected soon due to declining battery prices and softening demand. ....
Tyre Size Exemption: The review of the list of tyres is a regular exercise to be carried out by IMC (inter-ministerial committee) for making suitable recommendations with regard to the exclusion/inclusion of the pneumatic tyres sizes from the list of tyres not manufactured domestically. The DPIIT (Department for Promotion of Industry and Internal Trade) is in the process of notifying an updated list of 960 tyres sizes/types by making necessary modifications to the previous list of 600 tyres. ....
The review of the list of tyres is a regular exercise to be carried out by IMC (inter-ministerial committee) for making suitable recommendations with regard to the exclusion/inclusion of the pneumatic tyres sizes from the list of tyres not manufactured domestically. The DPIIT (Department for Promotion of Industry and Internal Trade) is in the process of notifying an updated list of 960 tyres sizes/types by making necessary modifications to the previous list of 600 tyres. ....