ACMA seeks restoration of weighted deduction of 200% on R&D expenditure in Budget
Supplier industry body recommends measures to encourage R&D and mulls lower GST rate of 18% on all auto components
Autocar Pro News Desk
22 Mar 2018
Eco-friendly measures include 1,000 electric buses for Delhi, a provision for 905 EVs for last mile connectivity and concession of upto 50 percent for registration of CNG cars.
Read moreSupplier industry body recommends measures to encourage R&D and mulls lower GST rate of 18% on all auto components
First two China-only budget cars built by Volkswagen and FAW will be SUVs.