Opinion: How the Interim Budget 2024 can foster robust automotive landscape
The Interim Budget 2024 should adopt a growth-oriented strategy, prioritizing the enhancement of capabilities for localization and incentivizing the adoption of alternative fuel solutions. This aligns with the broader objective of achieving 50% energy capacity from renewables by 2030. The budget should also focus on enhancing the EV ecosystem (in tandem with prioritising indigenous capabilities), investing in renewable energy, and incentivizing alternative fuel technology towards fostering a robust automotive landscape.
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