boost

India plans incentives for auto companies to boost exports, Auto News, ET Auto

Indian government is planning incentives for big automakers, components firms to boost local manufacturing and export to overseas countries.
Indian government is arranging incentives for huge automakers, parts firms to strengthen area producing and export to abroad international locations.

NEW DELHI,: India is drawing up an incentive scheme for the autos sector aimed at doubling exports of automobiles and parts in the following 5 yrs, four resources with immediate know-how of the make a difference instructed Reuters.

The Office of Major Industries (DHI) has sought opinions from car sector groups on the preliminary proposal, which indicates giving incentives about 5 yrs to boost area manufacturing and procurement for export, the resources stated.

The incentives would be dependent on the

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