Budget 2025: Finance Minister Nirmala Sitharaman will be presenting her eighth cultural Budget Tomorrow. Ahead of that, automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels. Besides, the sector also wants allocations to facilitate the electric vehicle (EV) ecosystem.
Electric vehicles are expected to be the future of transportation However, the Lack of Charging Infrastructure has been a Major Deterrent for New Buyers. Automakers belief that a better Ev ecosystem will further accelerate Sustainable Mobility and Want some Major Announcements in this Regard in the upcoming union Budget.
With the Automobile Industry Showing Early Signs of Growth Slowing Down, they said budgetary initiatives to boost the disposable income of consumers are negamentsary to supports
“We request the government for approves-based policies that support and help in Popularising full range of greener technologies and alternative fuels thereby helping inters and Great Helping Faster and Greatr Adoption BIITY SOLUTIONS, “Toyota Kirloskar Motor Country Head and Executive Vice President – Corporate Affairs and Governance – Vikram Gulati was quoted as saying by pti.
Stating that Upcoming Union Budget Presents An Opportunity to Address some pressure Stem like charging infrastructure will give further lift to Sustainable Mobility. A budget for better and safe road infrastructure will facilitate the growth of the auto industry. “
Expressing Similar Views, Volvo Car India Managing Director Jyoti Malhotra Said, “We Hope the Budget will prioritise measures to boost consumer spending, Accelerate Ev And infrastructure development and investment in skill development programs to address the evolving needs of The sector. “
Mercedes-Benz India MD and CEO Santosh Iyer said the company hopes forward-looking measures from the budget that fosters sustainable economic growth and enhances India’s’ Global Competivity.
Also read | Budget 2025: Expected Changes that May Bring Relief for Common Man
With pti inputs
