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Ministry of Heavy Industry extends validity of FAME II certification

This measure would enable FAME II eligibility certificate of electric models valid for 1 year from each of the model’s last date of certification instead of earlier case of validity which was FY wise.Read more

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM

Reduction in the GST rates from 28 to 18 per cent for a limited period and an incentive-based vehicle scrappage policy would have made a less painful revival.Read more

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