Union Budget 2022: How the automotive world responded
2 years, 10 months ago

Union Budget 2022: How the automotive world responded

Live Mint  

Martin Schwenk, MD and CEO, Mercedes-Benz India {{^adFree}} {{/adFree}} This Budget is overall growth oriented with a clear focus on digitization, electrification, infrastructure development and ease of doing business; aiming to propel a long-term growth of the Indian economy. {{^adFree}} {{/adFree}} The government’s focus on Battery Swapping policy to be brought with inter-operability standards and push for clean tech and electric vehicles will create the right ambient environment for EV introduction and overall harmonisation of the electric mobility aspiration of the nation. Venu Srinivasan, Chairman, TVS Motor Company Union Budget 2022 sets the pace for the Indian Economy’s growth trajectory amidst the challenges brought forth by the pandemic. {{^adFree}} {{/adFree}} Overall, the Union Budget 2022 promotes digitisation and technological advancement, encourages sustainable development, and puts India on the path of progressive development.

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