The government is urging the car industry to significantly increase investments in sustainable applied sciences like flex gasoline, green hydrogen, and LNG automobiles. It additionally seeks more scrappage and health facilities, and higher incentives for scrapping old vehicles. Industry leaders acknowledge the excessive expectations but highlight existing challenges in gasoline provide and infrastructure. As the festival season arrives, major automakers are providing address significant reductions on automobiles to deal with a growing inventory surplus. Tata Motors has decreased prices on well-liked models by up to INR 2.05 lakh, while Maruti Suzuki has cut costs on certain small cars by as a lot as INR 6,500. Maruti Suzuki plans to triple its exports in the next six years and aims to spice up Indian clients’ confidence in EVs by exporting them to markets like Europe and Japan.
