• SENSEX
    NIFTY 50
Auto

Auto sector needs stimulus; govt has to be prime contributor in scrappage incentive, says report

Updated : May 28, 2020 03:40 PM IST

The automobile industry is the cornerstone of manufacturing in India and there is an acute need to revive demand.
There could not be a better time for a “scrappage scheme” now, driven by a reduction in GST on exchanged vehicles, says HSBC.
Auto sector needs stimulus; govt has to be prime contributor in scrappage incentive, says report

You May Also Like

Live TV
Advertisement