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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Tesla negotiating incentives for possible Texas assembly plant, report says

Tesla Inc. is negotiating possible incentives with a Texas county that could carry a new car assembly plant to the area close to Austin, the condition cash, the Austin American-Statesman described on Monday.

Travis County Commissioners Court docket is scheduled to talk about conditions of the deal on Tuesday, the paper described, citing people with knowledge of the scenario. A vote is anticipated in the coming weeks.

The paper stated it was unclear no matter whether negotiations with Travis County clearly show that Tesla has picked the Austin area as the web page for the plant, which would construct the

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