Budget 2025: Development, Innovation, EV Push- ‘Budget’
Union Finance Minister Nirmala Sitarman will inaugurate Budget 2025 in Parliament on Saturday. From the common man to the traders, the budget is waiting for the budget. The automobile industry, in particular, there are great expectations this time. The automobile industry hopes that Nirmala Citraman will take steps to promote development, innovation, stability and electric vehicle sector.
Automobile industry expectations on budget 2025
It is estimated that the budget will play an important role in the future of the automobile industry. According to this, improvement in all areas is expected to be good. Many experts are recommended to take action to take local preparations. In addition, it is demanding that the prices of raw materials and supply chain defects in the day -day washing raw clothes.
“We appreciate the government’s focus on sustainable development and economic development. Hope the government will continue to take steps to increase strong supply chain system, innovation center, skill growth and easy business. The government is doing well in the power to spend The middle class, ”said the CEO of Renault India.
“Logistics spent with the intention of the government to increase investment and increase infrastructure. The government has improved major sectors and state -of -the -art technologies with the government’s PLI scheme. As a result, the Indian automobile industry is competing with international industry. It is expected that the government will declare the energy of green energy, to promote MS Mess, to promote R&D.
Industry also wants to rationalize GST on major tires mueling devices. Doing so will reduce the cost of production further.
Investment of Indian automobile industry in the green energy sector by 2030. Crisil estimates that it will reach 4.1 lakh crores. The report states that adaptation is running fast and it will give better opportunities to the industry. Changes in these policies, infrastructure growth in R&D and government support will be important. Tire industry also benefits. Sustainable development is also seen in this region. Industry sources have high expectations that the country will become an international leader in quality and technology.
Does the government react positively to these? Will the expectations and expectations of the automobile industry be fulfilled, which will be launched with the budget 2025? This is clear with Nirmala Budget Speech, which will begin at 11 am on 1 February.