Auto industry reacts to Budget 2024: Who said what
4 months ago | 45 Views
The Indian automobile industry largely reacted positively to the announcements made as part of the Union Budget 2024 in Parliament by Finance Minister Nirmala Sitharaman on Tuesday. During the course of the Budget 2024-25 presentation, Sitharaman stressed on the central government's key priority areas which include employment and skilling, manufacturing and services, infrastructure development and inclusive human resource development. And although she also proposed nearly halving the allocation for FAME II from FY24 Budget estimate of ₹5,172 crore to ₹2,671 crore for FY25, the overall Budget 2024-25 seems to have received a thumbs up from the automotive sector in the country.